Sightings
What Are the Implications of Repealing the Affordable Care Act for Medicare Spending and Beneficiaries?
This brief explores the implications for Medicare and beneficiaries of repealing Medicare provisions in the ACA. The Congressional Budget Office (CBO) has estimated that full repeal of the ACA would increase Medicare spending by $802 billion from 2016 to 2025. Full repeal would increase spending primarily by restoring higher payments to health care providers and Medicare Advantage plans. The increase in Medicare spending would likely lead to higher Medicare premiums, deductibles, and cost sharing for beneficiaries, and accelerate the insolvency of the Medicare Part A trust fund. Policymakers will confront decisions about the Medicare provisions in the ACA in their efforts to repeal and replace the law. more »
"Operating Under A Cloud of Uncertainty": Janet Yellen's FOMC Press Conference About Raising the Target Range for Federal Funds Rate to 1/2 to 3/4 %
Janet Yellen Following FOMC Meeting: "On financial regulation we lived through a devastating financial crisis that took a huge toll on our economy. Most members of Congress and the public came away from that experience feeling it was important to take a set of steps that would result in a safer and stronger financial system. I feel that we have done that. That has been our mission since the financial crisis; that's what *Dodd Frank was designed to do." more »
How Many Kinds of Birds Are There and Why Does It Matter? Gifting at the American Museum of Natural History
For the new work, Joel Cracraft, George Barrowclough, and their colleagues at Nebraska University, Lincoln and Washington University examined a random sample of 200 bird species through the lens of morphology — the study of the physical characteristics like plumage pattern and color, which can be used to highlight birds with separate evolutionary histories. This method turned up, on average, nearly two different species for each of the 200 birds studied. This suggests that bird biodiversity is severely underestimated, and is likely closer to 18,000 species worldwide. more »
The National Trend Toward Pushing Cannabis into Mainstream Culture; Seniors Increasingly Getting High
Benjamin Han, assistant professor at the New York University School of Medicine and the study’s lead author, fears that marijuana used with prescription drugs could make the elderly more vulnerable to adverse health outcomes, particularly to falls and cognitive impairment. "While there may be benefits to using marijuana such as chronic pain," he said, "there may be risks that we don’t know about." Study participants said they did not perceive the drug as dangerous, a sign of changing attitudes. more »
