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Until Senate Majority Harry Reid decided to scrap a government-run insurance plan in order to get the 60 votes needed to pass health care reform legislation, Sen. Jay Rockefeller was one of the chamber's most ardent public option supporters. Without a public option, the West Virginia Democrat feared, insurers - fattened by billions of dollars in new government subsidies and a new requirement that most Americans purchase insurance - would run rampant, jacking up prices and padding profits and executive salaries. But Rockefeller and several other Democratic senators also had their eye on a different way to keep insurer profit...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

Filmmaker “Dauphin,” (with the scores of the Bourne and Matrix series playing in the background), goes past plastic green lawn chairs (not very glamorous, but hey, it’s a recession, people) and down into a dark chamber. Where there’s a coffin. A COFFIN. Oh, and what looks like random bones...

Author: By Gautam S. Kumar, CRIMSON STAFF WRITER | Title: Skull and Bones "Secrets" Revealed | 12/15/2009 | See Source »

Yang Xianyi's English translation of the Chinese classic Dream of the Red Chamber is a monumental work still found in libraries and bookstores around the world. What makes his endeavor more remarkable was that it was completed during the 1966-76 Cultural Revolution, when scholars were targeted for their interest in Chinese tradition and foreign learning. Yang, who died Nov. 23 at 94, spent four years in prison at the height of the upheaval, as did his wife Gladys, whom he met while studying at Oxford in the late 1930s...

Author: /time Magazine | Title: Yang Xianyi | 12/14/2009 | See Source »

...that top-down regulation would lay a heavy burden on U.S. business. "An endangerment finding from the EPA could result in a top-down command-and-control regime that will choke off growth by adding new mandates to virtually every major construction and renovation project," said U.S. Chamber of Commerce President and CEO Thomas J. Donohue...

Author: /time Magazine | Title: EPA Moves to Regulate CO2 as a Hazard to Health | 12/7/2009 | See Source »

...Even more damaging in the view of many reformers is a little-noticed deal that Senate majority leader Harry Reid cut to get the support he needed to bring the bill to the floor of his chamber. The original Finance Committee bill would have triggered the commission's recommendations whenever the rate of increase in Medicare spending outpaced overall economic growth - something that happens almost every year. But the current version would allow it to make recommendations only when Medicare spending per capita grows faster than overall health costs. That almost never occurs. The change in economic measuring sounds technical...

Author: /time Magazine | Title: Health Care Reform: What Happened to Cost Controls? | 12/4/2009 | See Source »

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