The day that the $700 billion bailout bill went down to a shocking defeat in the House of Representatives, the Dow Jones Industrial Average suffered a record 777 point one-day crash. “Something must be done!” bellowed the bureaucrats and billionaires. But following the passage of the bailout, the Dow and the broader S&P 500 . . . → Read More: Bernanke’s Plan to Avoid a Second Great Depression
I previously wrote about the EOB and how insurance companies try their many tricks to decrease reimbursement to physicians. Most physicians do not fight back. Some do. Medical Economics has highlighted the plight of one physician who has been fighting back. Their story is about a Chicago ENT surgeon who brought a lawsuit against . . . → Read More: Health Insurance Companies Take Advantage of Doctors, Part V
On October 13, it was announced that controversial New York Times columnist Paul Krugman had been awarded the “Nobel” prize in economics. Yes, “Nobel” appears in quotes for a reason. That’s because, unlike the other Nobel prizes which were established by inventor and philanthropist Alfred Nobel, the “Nobel” prize in economics was established (and . . . → Read More: Paul Krugman: ‘Nobel’ Laureate?