Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
New Study Finds Rate Regulation Needed To Make Health Insurers Pass On To Consumers Administrative Savings Required By Health Reform, Says Consumer Watchdog

WASHINGTON, Dec. 5, 2012 /PRNewswire-USNewswire/ -- The nonprofit Commonwealth Fund reported today that insurance companies had boosted profits instead of passing on savings to consumers under provisions of the health reform law that require at least 80% of consumer premiums go to medical care instead of overhead. The report recommends rate regulation and additional measures to ensure consumers benefit from reduced administrative spending under the health reform law.

The report notes that many insurance companies reduced administrative costs in 2011, but retained those savings as profits rather than reduce premiums for customers. Despite insurance companies' failure to pass on all administrative savings, the 80-20 rule did result in $1.45 billion in savings for consumers, largely in the form of rebates.

"Absent rate regulation, health insurers are gaming the health reform law to keep premiums high and increase profits. Health insurers should be required to open their books and justify their charges – including why they haven't passed on to consumers nearly one billion dollars in savings," said Carmen Balber, Washington DC director for Consumer Watchdog.

Consumer Watchdog warned against just this eventuality as the health reform law was being debated and in comments on regulations implementing the rule, called the medical loss ratio provision. 

As Consumer Watchdog wrote to Health and Human Services Secretary Sebelius in May 2010: "… medical loss ratio requirements will—absent strict rate regulation—encourage insurers to raise their premium rates.  In the same way that a Hollywood agent who gets a 20 percent cut of an actor's salary has an incentive to seek the highest salary, insurers will have incentive to increase health care costs and raise premiums so that their 15 percent or 20 percent cut is a larger dollar amount."

The Commonwealth Fund found that group insurers reduced administrative costs by $975 million in 2011, but increased profits by $1.18 billion. The result was a $210 million increase in overhead costs – the opposite of the effect envisioned by the medical loss ratio rule requiring more premium dollars go to medical care. Individual insurance policies reduced both administrative costs and profits overall.

The report concludes that stronger rate regulation, stricter medical loss ratio rules, or market pressure may be needed to make insurers pass along administrative costs as savings to consumers.

Download the Commonwealth Fund's report: http://www.commonwealthfund.org/Publications/Issue-Briefs/2012/Dec/Insurers-Responses-to-Regulation.aspx

Download Consumer Watchdog's May 2010 letter to Secretary Sebelius: http://www.consumerwatchdog.org/resources/MLR.Comments.pdf

Consumer Watchdog is supporting a ballot measure on the 2014 general election ballot in California to require health insurance companies to publicly justify and get approval for rate increases before they take effect. Senator Dianne Feinstein, author of legislation in Congress to require regulation of health insurance rates, and California Insurance Commissioner Dave Jones also support the measure.

Consumer Watchdog is a nonprofit consumer advocacy organization with offices in Washington, DC and Santa Monica, CA. Find us online at www.consumerwatchdog.org.  

SOURCE Consumer Watchdog

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

SOA World Latest Stories
As more applications and services move "to the cloud" (public or on-premise) cloud environments are increasingly adopting and building out traditional enterprise features. This in turn is enabling and encouraging cloud adoption from enterprise users. In many ways the definition is blur...
Internet of @ThingsExpo Silicon Valley announced on Friday its first 18 all-star speakers and sessions for its upcoming event, which will take place November 4-6, 2014, at the Santa Clara Convention Center in California. @ThingsExpo, the first and largest IoT event in the world, debute...
Until recently, many organizations required specialized departments to perform mapping and geospatial analysis, and they used Esri on-premise solutions for that work. In his session at 15th Cloud Expo, Dave Peters, author of the Esri Press book Building a GIS, System Architecture Des...
Back when we were doing DB2 at IBM, there was an important older product called IMS which brought significant revenue. With another database product coming (based on relational technology), IBM did not want any cannibalization of the existing revenue stream. Hence we coined the phrase ...
Nick O'Leary is an Emerging Technology Specialist at IBM where he gets to do interesting things with interesting technologies and also play with toys. With a background in pervasive messaging, he is a developer on the Eclipse Paho project and sits on the OASIS MQTT Technical Committee....
Bsquare is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE