Here is a description of the Biden budget proposal regarding health insurance and health care costs.
Interpretation: GO BIG OR GO HOME.
if you want to know why people around the globe are looking atDeFi (decentralized finance), look no further than this paragraph.
My comments on Fox Radio News affiliates nationwide, coming up...
Your Insightful Analysis
Biden Budget Builds On The American Rescue Plan:
a. Medicare. 65 to 60, Rx negotiation, Dental/Vision/Hearing
b. Individual Health Insurance. Large APTCs made permanent, and a Public Option
BidenCare Deadlines
People don't like money or improved benefits at lower cost, apparently. Sigh.
No one, including you, is blameless here. You realize that when people are uninsured or underinsured, that can lead to unpaid medical bills, which can only increase the cost of healthcare services? The ultimate payer? The insured.
There is a reason that the individual mandate had a logical basis. No, the counterargument that the government doesn't have the right to blahblahblah isn't it: we don't get to withhold our tax payments because we don't agree with a specific policy (like military assistance to another nation).
That is what made the Supreme Court's original ruling as graceful as it was: the ACA is a tax, one that may be necessary, that's the role of tax legislation.
Please tell someone who isn't reading this Newsletter, YouTube Channel, radio interviews nationwide, book, podcast, public presentations...
Something New and UNEXPECTED
Normally, under the ACA, if you have an Special Enrollment Period, then you have all the way to the last day of the month, in order to be effective on the1st of the next month. While I strongly believe that this is NOT what you should do, procrastination is a powerful habit. Remember that you gain absolutely nothing by waiting until the last day of the month: there are MANY THINGS that can go WRONG, that we cannot control, and at that point, there is no upside whatsoever, and only downside.
Even Worse, This Unreported Update
I was slightly horrified to see that on healthcare.gov, today (May 26), that for next month, the deadline is NOT June 30th, but it is June 26th. YIKES, this is a new, unreported fact, and different from the standard mode of operation for Special Enrollment Periods (the American Rescue Plan is a SEP).
National deadline is August 15th.
ICYMI
We Are Living In A Digital World, and I Am A Digital (Wait, It Doesn't Work, Does It?)...
The digital sports trading card is called NBA TopShot, and the most expensive cards already cost > $100,000. However, while you can change the technology, and that does affect the supply and demand, the "digital nature" of the NBA TopShot cards doesn't change the laws of supply and demand.
That goes for Non-Fungible Tokens (NFTs) and Bitcoin, but in very different ways.
We are likely to have an additional set of videos that deal with the digital, online nature of our world, and how it affects us all.
Podcast Still Going
Some People Don't Like Video (Like moi, never getting over that)
Generally, so many more people watch the YouTube Channel than listen to the podcast, I have to accept this. However, after releasing the video, I realized that some extra information can be added to the podcast.
PLEASE GIVE THE PODCAST A 5-STAR REVIEW, THEY SAY IT HELPS....
In This Episode:
a. So many people say they understand crypto, and while not necessarily wrong, the factors considered are very incomplete. This is a huge blind spot that exists everywhere.
b. This episode has the YouTube audio as shown above.
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