Money
Kaiser Health News: Trump’s Pardons Included Health Care Execs Behind Massive Frauds
"The list of some 200 Trump pardons or commutations, most issued as he vacated the White House, included at least seven doctors or health care entrepreneurs who ran discredited health care enterprises, from nursing homes to pain clinics. One is a former doctor and California hospital owner embroiled in a massive workers’ compensation kickback scheme that prosecutors alleged prompted more than 14,000 dubious spinal surgeries. Another was in prison after prosecutors accused him of ripping off more than $1 billion from Medicare and Medicaid through nursing homes and other senior care facilities, among the largest frauds in U.S. history." more »
The GAO Finds: Elder Financial Exploitation — The Fraudulent or IIlegal Use of An Older Adult's Funds or Property — Has Far-reaching Effects on Victims and Society
The Consumer Financial Protection Bureau found actual losses and attempts at elder financial exploitation reported by financial institutions nationwide were $1.7 billion in 2017... studies published from 2016 to 2020 from three states — New York, Pennsylvania, and Virginia — estimated the costs of financial exploitation could be more than $1 billion in each state alone. HHS does not currently ask states to submit cost data from APS casefiles to NAMRS, though officials said they have begun to reevaluate NAMRS with state APS agencies and other interested parties, including researchers, and may consider asking states to submit cost data moving forward. Adding cost data to NAMRS could make a valuable contribution to the national picture of the cost of financial exploitation. Recognizing the importance of these data, some APS officials GAO interviewed said their states have developed new data fields or other tools to help caseworkers collect and track cost data more systematically. more »
Even Though the Room Is Full, They Are “The Only One in the Room”; Eight Women Across 3 Centuries in Smithsonian Exhibit
Carving out a successful career in business and entrepreneurship is tough, but for women, rising to the top of their fields is even tougher. Those who do reach this pinnacle often find that they are the only woman in the room. The Smithsonian’s National Museum of American History features eight such women in its display, “The Only One in the Room.” This “New Perspectives” case will be on view in the museum’s business history exhibition, “American Enterprise,” through November 2021. The display will explore the stories of women who made a mark in their respective industries, including banking, beauty, advertising and manufacturing, and examine the obstacles they faced and the context of the times in which they lived. more »
Pew Trusts, Stateline: Poverty Grows Despite Economic Recovery; Left Behind
Even as average personal incomes rose during the pandemic largely because of government aid, millions of people who didn’t receive such help have fallen into poverty, struggling to pay for food and other basic expenses. That group, trying to get by with the help of local charities, may have been excluded from the federal payments because of immigration status, lack of time in the labor force needed to claim unemployment benefits, or just red tape in states that have been slow to pay jobless claims. And lawmakers in some states such as New York are proposing measures that would create relief funds for workers shut out of jobless payments. Houston-area food banks are employing some out-of-work restaurant employees to help with food distribution, regardless of immigration status, through a relief initiative called Get Shift Done. more »