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Cheat Sheet Q & A:
Topic: Medicare & Sequestration
I receive a newsletter from Medicare that describes the cuts in reimbursement for Medicare beneficiaries as "sequestration" related changes. However, I was under the impression that the cuts were determined in 2011 and that "sequestration" only affected defense and discretionary spending, not entitlements such as Medicare.
Bottom Line: Well you and the Medicare newsletter are actually both headed in the same direction. The reduction in Medicare spending was indeed passed in 2011 as part of the Budget Control Act of 2011… These days known as Sequestration.
What the Budget Control Act dictated was that as of April 1st of 2013 a 2% reduction in provider payments would take place. These means that doctors and hospitals that accept Medicare are now receiving 2% less for services than they would have had Sequestration not occurred.
This reduction in reimbursement is expected to save $31 billion through 2021. So in an era of confusion out of
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Case-Shiller numbers 20 for 20 again:
Bottom Line: For the second consecutive month all 20 metros studied by the Case-Shiller home index showed positive price action year over year. The one disclaimer that’s required with this monthly metric is that it’s two month old information (as this is based on February data). So let’s take a deeper look into the survey…
The top 3 metros in the country in Feb. were:
So how about closer to home?
Our region is hubbed out of
We continue to see that
So while our region is outperforming the country – many parts of our listening area are faring far better still.
Tweets for sale:
Bottom Line: So if you’ve been waiting in the wings to promote your business or perhaps yourself (if you just like yourself that much), your time has come. Twitter Ads is out of beta and any business or person is now able to pay to promote themselves on Twitter. The ads attach themselves to the top of Tweets. The initial feedback from the beta program was generally positive with users not feeling as though the ads were too intrusive. So if you want to perpetuate yourself or business through tweets… Click below:
The original iPhone is officially obsolete:
Bottom Line: That headline isn’t my commentary so if you’re still using the original model and disagree you can point your potential angst towards its maker.
It was Apple yesterday that determined that the original iPhone, along with older model Macs were obsolete and as of June 11th (a day after their WWDC), they will no longer be supported. That means that if you’re still using your original iPhone and need to get something fixed, you need to do so by June 11th or you won’t have the opportunity to through Apple.
Healthcare form for exchanges simplified:
Bottom Line: So a show of hands... How many of us are confused about what the Affordable Care Act means to them? Well there is a little more clarity today.
The healthcare exchanges we’ve heard so much about will begin on October 1st of this year. Of course if you don’t have health insurance by January you’ll be forced to pay a tax. So if you’re buying insurance on your own these exchanges will likely be the option you’ll look to for coverage. The problem with the process…? The original paperwork explaining the exchange program was 21 pages of
Ahh yes the first poll of 2016 is here...:
Bottom Line: So President Obama just finished his first 100 days of his second term so naturally it’s time to look towards 2016. I’m kidding of course. I need at least two years before I can stomach the Presidential election cycle again. But… we do now have our first scientific poll of the 2016 cycle and we have Fairleigh Dickinson to blame err thank. Here are the results:
So… No surprise on the Democratic side except perhaps the margin. I think a statement is being made by VP Biden only gathering support of 12% of Democrats. Meanwhile the GOP side of things has a distinct