3 results for search: Knoxville


News Briefing for Saturday, January 10 2015

TEA PARTY PATRIOTS: Cokie and Steven V. Roberts: Troubled assets no trouble “Weeks after voters dissed the Democrats, an important economic benchmark was passed with little public notice: The U.S. government sold off its stake in Ally Financial, the auto financing company once known as GMAC. It even made money on the deal — about $2.4 billion. That sale ended the six-year effort to rescue the American auto industry from financial disaster. Treasury Secretary Jacob Lew was correct in saying, "This program worked.” In 2014, American carmakers sold 16.5 million vehicles, their best year in almost a decade. That boom fits into a broader ...

News Briefing for Friday, January 9, 2015

HEALTHCARE: N.J. private insurance premiums rising faster since Affordable Care Act passed, study shows “Since the passage of the Affordable Care Act in 2010, the cost of premiums in New Jersey each year have risen faster than the national average, according to a study released today by a nonprofit, nonpartisan think tank. Premiums for New Jersey employer-sponsored health coverage climbed an average of 4.4 percent a year from 2003 through 2010 to $5,153 per single person, according to the study by the Commonwealth Fund. But from 2010 to 2013, the average premium rose 6.4 percent a year, to $6,200. The spike was even greater for family polici...

News Briefing for December 13, 2014

HEALTHCARE: Patients outraged after losing doctors under Obamacare “Kevin McCarthy of Thousand Oaks, California, was surprised last spring, when he learned his family doctor of 14 years could not accept the Blue Shield insurance he'd purchased under Obamacare. He said he was "outraged" because when he was shopping for his policy, Blue Shield confirmed his doctor was covered. "We were duped," McCarthy said. "Hoodwinked is another good term." Here's what happened. Insurance companies -- to save money -- are quietly selling what are called "narrow networks." They sharply restrict the number of doctors and hospitals people can see. In some cases, ...