When he took office, Donald Trump, like most presidents, inherited a slew of geopolitical headaches from his predecessor. Now one of those headaches, North Korea, is turning into a migraine.
Trump has done his best to keep Pyongyang—and everyone else—guessing on how he plans to address the growing crisis over North Korea’s nuclear program. Continue reading “Trump Hits a Wall on North Korea”
House Republicans today rushed through passage of legislation that calls for repealing and replacing key parts of Obamacare, with the 217-213 vote coming largely along party lines. But the issue is far from resolved.
Expect the bill to undergo major changes in the Senate, where some Republicans believe it’s too harsh. One provision likely to be stripped out is a ban on federal payments to Planned Parenthood, which was pushed for by anti-abortion House Republicans. Continue reading “Health Care Bill Faces Uncertainty in the Senate”
Recently I soared between towering buildings in Manhattan. I saw 3D holograms of downtown Seattle and New York City appear on a barren table in front of me. I rose above the clouds and was greeted by mystical floating people doing yoga-like poses. I walked around a rooftop in a digital world that merged a virtual scene with my real surroundings.
Virtual and augmented reality are already impressive. That’s my clear takeaway from a cable industry event I attended in Washington, D.C., last week, where I got to try out some of the latest and greatest VR and AR technology. (For background, see my previous Alert on the industry.) The cable industry wanted to tout what’s on tap and why their customers will want to upgrade their internet service. Many virtual reality uses, such as live sports games, will require super-fast web connections. Continue reading “Three Forecasts After Taking Virtual Reality for a Test Flight”
While Congress continues to debate changes to the Affordable Care Act, employers are faced with making decisions about their 2018 health care plans this summer. Regardless of what Congress may or may not do later, the ACA is still the law of the land for now. That law includes the so-called Cadillac tax on high-cost plans: a 40% excise tax on plans costing $10,200 for single coverage and $27,500 for family coverage. While the tax is not slated to go into effect until 2020, it will drive decisions on health plan designs in 2018, as employers take steps to avoid incurring the levy down the road.
For the past few years, the most popular way of holding down costs has been to move employees into CDHPs, or consumer-directed health plans. These plans pair tax-advantaged health savings accounts with high-deductible health insurance policies. Many employers seed the HSAs with half of the deductible…say, $1,000 of a $2,000 deductible…to encourage employees to sign up. Continue reading “How Employers Are Trying to Rein in Health Care Costs”