Posted on

Readers say , Roberta will be telling us it is a CRISIS, Van Neste is falling apart, Follow the Money!

Village_Manager_Roberta_Sonenfeld_theridgewoodblog

file photo by Boyd Loving

It was Village Manager Roberta Sonenfeld’s excitement in describing this horrific and unnecessary new construction that gave me pause. She sounded just the same when talking about creating the H.R. job (which quickly and quietly segued from part time to full time) for her friend and essentially giving Habernickel Park to her other friend who runs the now-hated Health Barn. The Village Manager should not be so happy about these projects and in each case she had a personal stake in them (not financially, presumably). More and more and more expensive and disruptive construction, partly subsidized by grants to take the sting off (but not nearly enough, if you study the final numbers), was the theme under the Aronsohn years. She remains under his thumb and must be removed, as must Health Barn and the H.R. position, if we are to return to any level of benign stasis.

They lost the election ..we voted for change..time to take control over these boondoggle projects..leave that park surface alone..clean up the benches and spend some money on fall minor tree trimming and some
light cleaning of the monument areas and any grass refurbishment,leave the bricks alone,

Roberta will be telling us it is a CRISIS, Van Neste is falling apart I tell you it is a CRISIS.Follow the money. Someone stands to make big money. Who is doing the ugly concrete sidewalks? Who is doing the $40,000 cheesy fence? Who will build the Vagiannos Pavilion aka the gazebo?Roberta is all wound up about the is project because promises were made. Follow the money!

Posted on

Obamacare Is Falling Apart

obamacare_theridgewoodblog

Insurers are bolting from the exchanges.

Shikha Dalmia | December 1, 2015

President Obama has been hammered for his failure on ISIS in the wake of the Paris attacks. But there’s at least bitzcelt / Foter.com / CC BY-NC-NDone bright spot for him in that criticism: At least it deflected the spotlight from the unfolding catastrophe that is Obamacare.

Indeed, last month brought arguably the worst news for the program since the healthcare.gov debacle: UnitedHealthcare, the nation’s largest insurer, announced that it might quit Obamacare’s exchanges next year. Should UnitedHealthcare act on this threat, there may not be enough (red) tape in the desk drawer of even future President Hillary Clinton to put the Obamacare Humpty Dumpty back together again.

United announced during an investor briefing Thursday that it was expecting a whopping $425 million hit on its earnings this year, primarily due to mounting losses on its Obamacare exchange business. “We cannot sustain these losses,” United CEO Stephen Hensley declared. “We can’t really subsidize a marketplace that doesn’t appear at the moment to be sustaining itself.”

Avik Roy, who serves as GOP presidential candidate Marco Rubio’s health care advisor, suspects United may just be the first domino to fall. Other commercial insurers, such as Aetna, Anthem, and Cigna, have raised premiums by double digits and still say they can’t make the numbers work in their favor. Hence, they have withdrawn from counties where their losses were particularly acute.

For-profit companies that have shareholders breathing down their necks don’t have much latitude to absorb losses. But even companies that don’t face similar profit-maximizing pressures can’t escape the basic dilemma confronting the industry. For example, state filings of the non-profit Blue Cross Blue Shield show that the company barely broke even in the first half of 2015. In Texas last year, BCBS collected $2.1 billion in premiums and paid out $2.5 billion in claims. If Obamacare’s condition worsens, such companies will have to scale back their participation too.

https://reason.com/archives/2015/12/01/obamacare-is-falling-apart-limb-by-limb