Money and Computing
Two Stories: Amazon, Berkshire Hathaway and JPMorgan Chase & Co. to Partner on US Employee Healthcare; As Trump Attacks the Federal Health Law, Some States Try to Shore it Up
Amazon, Berkshire Hathaway and JPMorgan Chase & Co. announced today that they are partnering on ways to address healthcare for their US employees, with the aim of improving employee satisfaction and reducing costs. The three companies, which bring their scale and complementary expertise to this long-term effort, will pursue this objective through an independent company that is free from profit-making incentives and constraints. "Rather, we share the belief that putting our collective resources behind the country's best talent can, in time, check the rise in health costs while concurrently enhancing patient satisfaction and outcomes," said Warren Buffet of Berkshire Hathaway. more »
Drawn to Purpose Online Exhibition: Women Illustrators and Cartoonists at the Library of Congress
From the nineteenth century into the early decades of the twentieth century, women made incremental progress as professional cartoonists and illustrators, with occasional, notable leaps forward by particular creators. In the later twentieth and early twenty-first centuries — as educational and professional opportunities expanded — women have become leaders, producing best-selling work, winning top prizes, and receiving high acclaim from their peers in the field. more »
More Than One-Third of People with Traditional Medicare Spent at Least 20 Percent of Their Total Income on Health Care in 2013
In 2013, Medicare beneficiaries’ average out-of-pocket health care spending was 41 percent of average per capita Social Security income; the share increased with age and was higher for women than men, especially among people ages 85 and over. Medicare beneficiaries’ average out-of-pocket health care spending is projected to rise as a share of average per capita Social Security income, from 41 percent in 2013 to 50 percent in 2030. more »
The Naturalization Application Fee has Increased From $35 (or $80.25 in 2017 dollars) in 1985 to $725 in 2017
Naturalization provides immigrants with virtually the same rights and benefits as native-born citizens, including the right to vote, access to federal jobs and protection from deportation. A recent report from the National Academy of Sciences found that having more naturalized immigrants is good for the national income and increases political participation and integration of those immigrants within American society.
Surveys show that most US immigrants want to become citizens. But compared to other similar countries, like the United Kingdom, Canada and Australia, the United States has a lower naturalization rate, which has been decreasing over recent decades. more »