Investigative Author Links the Healthcare Crisis and the Banking Debacle: A Disaster in the Making

James R. Goldberg, Author of “The American Medical Money Machine,” releases a statement through his publisher: “Can a Sick Nation Defend Itself? Can We Afford Another Banking Plague?” New York, New York (PRWEB) July 31, 2012 In a July 31, 2012 press release, author and investigative journalist James R. Goldberg, reminds the public that in recent years, US banks were given billions of dollars to stimulate the economy. He claims, “But they broke their promise. Instead of injecting these funds into the economy, they continued to speculate both with depositor and Federal funds. The result has only brought the country joblessness and hopelessness.” The banking industry was deregulated by the Gramm-Leach-Bliley Act in 1999 under President Bill Clinton. This legislation overturned the emergency Banking Act of 1933, commonly known as the Glass–Steagal Act, designed to rein in banks from engaging in speculative ventures, to provide consumer protection and to insure the safety of the nation’s financial system. “When Glass was repealed, a speculative domino effect wiped out the world monetary system’s integrity. Are we now creating a similar scenario whereby mandated Read more text

NWN’s New Vice President Delivers Global Technology Experience to Birmingham Market

BIRMINGHAM, AL, Jul 30, 2012 (MARKETWIRE via COMTEX) – NWN Corporation (formerly ComFrame) announces the appointment of Tim Blackmon as the company’s vice president of software solutions and services. NWN acquired ComFrame, a custom solution developer, in January 2011. The acquisition established NWN as one of the premier global companies providing a full range of solutions, including application development services, to midmarket commercial and public sector customers. Blackmon brings more than 20 years of enterprise software experience to the Birmingham market. Blackmon has served as the principal consultant on numerous globally-delivered software projects, ranging in size from 100 to 100,000 hours. His consulting roles have ranged from development to architect to executive levels, with applications in the healthcare, insurance and financial markets. NWN client Chuck Redding, CEO of AutoTec, states, “Tim brings a wealth of experience and proficiency in a broad range of modern technologies, disciplined methodologies and process improvement approaches to NWN. His insight and knowledge will prove invaluable to any organization looking to optimize their so Read more text

Health insurer rebates due Aug. 1

Florida consumers and employers will see a total of $124 million in rebates, according to July data from the U.S. Department of Health and Human Services. Of that, $51 million in rebates are expected to be paid out by insurers of small employers and $26 million from insurers of large employers. The average rebates are $190 for those in small-group plans and $94 for large-group participants. That doesn’t necessarily mean workers will be getting a check. Rebates due an employer-sponsored health plan will be paid directly to the employer. Employers have the option of using the rebate toward future benefits or against future premiums, said Carrie McLean, a consumer health specialist for eHealthInsurance. Still, McLean recommends employees who haven’t been notified about a rebate to ask their employer by Aug. 1. For consumers whose health plan is not employer-sponsored, the expected payout is larger: total rebates of $47 million with an average rebate of $240 in Florida, according to Health and Human Services. Golden Rule Insurance Co. owes the largest rebate amount in the individual market, $21.87 million, according to the federal government. Blue Cross and Blue Shield of F Read more text