-- Connecting the dots between our economy, government and business --
Illinois Attorney General Kwame Raoul and 10 other attorneys general are joining the chorus advocating to increase oversight of private-equity health care transactions.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
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Maybe those SAME Fed’s can also check out how much money K. Diddy Raoul squeezed out of the minority money managers in Chicago when he was on the Pension Committee.
Easy to see how there is zero incentive to lower premiums or healthcare spending:
Medical Loss Ratio of ACA demands 85% of premiums be paid to Medical care.
So insurers bought up doctors groups and hospitals, and pay that 85% to these subsidiaries who are not bound by ACA rules to limit profits or admin costs.