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...insurance plans? Insurers would no longer be able to exclude applicants based on pre-existing conditions or charge higher premiums for those with pre-existing conditions. Insurers would have to offer coverage to anyone who applies for it and would be allowed to adjust premium rates only based on tobacco use, age, family size and geographic location...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

...Tobacco users could be charged 1½ times what non-tobacco users are charged. The oldest Americans buying private insurance could be charged five times what youngest Americans are charged. And insurers would be banned from capping the amount they pay out on a policy annually...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

...best way not to need the hospital at all is not to get sick, and even the greatest advances in treatment will amount to little if we can't bring the risk factors under control. The most important factors to attack, the Circulation paper explains, are not cholesterol or tobacco use. Both continue to drop, and with recent federal action to boost cigarette taxes and allow the Food and Drug Administration to regulate tobacco for the first time, the decline in smoking may actually accelerate. (Indeed, last year, the share of Americans who use tobacco fell below...

Author: /time Magazine | Title: Study: More Americans at Higher Risk of Heart Disease | 9/14/2009 | See Source »

...Born William Young in northern Queensland in 1943, Yang grew up in Dimbulah, a tiny tobacco-farming town, with no connection to his Chinese heritage. His grandparents emigrated from China in the 1880s, and his family was completely assimilated - he and his siblings spoke only English. At 6, after a white schoolmate called him "Ching Chong Chinaman," Yang went home upset and asked his mother if he was Chinese. She gravely told him yes. "I knew in that instant," Yang writes on his website, "that being Chinese was a terrible curse...

Author: /time Magazine | Title: The Yang Principle | 9/14/2009 | See Source »

...nation where our most iconic economist, Milton Friedman, wrote in 1970 that a corporation's only moral responsibility was to increase shareholder profits. Since 1995, the number of socially responsible investment (SRI) mutual funds, which generally avoid buying shares of companies that profit from such things as tobacco, oil or child labor, has grown from 55 to about 260. SRI funds now manage approximately 11% of all the money invested in U.S. financial markets - an estimated $2.7 trillion...

Author: /time Magazine | Title: For American Consumers, a Responsibility Revolution | 9/10/2009 | See Source »

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