Lifestyles Report …Thank you, President Obama

•New Medicare formulas have changed the way doctors are reimbursed and rewards them when their patients have better health outcomes.
•Large disparity in jail sentences have been reduced for crack cocaine related offenses that disproportionately affected African Americans.
•Borrowers are protected from bad loans with rules and penalties requiring that lenders verify that they are able to repay the loans that they issue.
•The FDIC bank deposit insurance was increased from $100,000 to $250,000.
•Billions given to expand Pell grants and  make it easier for students to repay outstanding loans after graduation through savings in the federal student loan program.
•Billions given to laid off workers for education and career training programs in community.
•People with a pre-existing conditions cannot be denied health coverage by an insurance company.
•The Liquidation of General Motors and Chrysler was avoided through government mandated restructuring plans, and conditional investment and loan programs.
•Homeowners’ foreclosures avoided by improved terms for loan modification and restructuring of their debt.
(Email the columnist at debbienorrell@aol.com)
 
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