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Showing posts with label medicare. Show all posts
Showing posts with label medicare. Show all posts

Monday, November 9, 2015

Puerto Rico News Digest For November 9, 2015


BEN CARSON ENDORSES STATEHOOD FOR PR






















From Business Insider:

"Republican presidential candidate Ben Carson endorsed U.S. statehood
for Puerto Rico on Sunday, citing its "very strategic" location for milita-
ry defense. Speaking at a convention for Puerto Rican gubernatorial can-
didate Ricardo Rossello, a member of the island's pro-statehood party,
Carson said he "would be incredibly honored and delighted for Puerto
Rico to be the 51st state." "One thing I've found when I have come to
Puerto Rico is extremely friendly people," the 64-year-old retired neuro-
surgeon said, adding that "we have probably more patriotic Puerto Ri-
cans than almost any other state..."


THOUSANDS MARCH FOR HEALTH CARE PARITY


From The San Juan Daily Star:

"Thousands of protesters joined a march to urge the U.S. Congress to
stop the proposed $3 billion in cuts to Medicare and Medicaid programs
for Puerto Rico and grant the island parity in healthcare  funds. Gov. Ale-
jandro García Padilla and other politicians of different ideologies joined
the march as well as several former governors, including Sila Calderón
and Aníbal Acevedo Vilá. Protesters gathered under a hot sun at the Jo-
sé Miguel Agrelot Coliseum in San  Juan’s Hato Rey sector and from
there walked to Hiram Bithorn Stadium..."


GDB RELEASES ECONOMIC ACVTIVITY INDEX


From Caribbean Business:

"The Government Development Bank (GDB) has released its Econo-
mic Activity Index (EAI) for September 2015. The index is made up
of  four indicators: total payroll employment; total electric power ge-
neration; cement sales; and gas consumption. For September, the GDB
-EAI increased by 0.8% on a year-over-year (y-o-y) basis, and reflected
a month-over-month (m-o-m) increase of 0.5%. On a year-to-date basis
(July-September) the EAI was 127.1, remaining flat compared with the
same period last year. Total nonfarm payroll employment for September
averaged 904,300, an annual increase of  0.5%..."


REP MCCAUL SEES RISK IN PR FLIGHTS


From Bloomberg:

"Flights bound from Puerto Rico to the U.S. mainland may be vulnerable
to having bombs placed on board, according to the chairman of the House
Homeland Security Committee. “In Puerto Rico, we have many cases of
prosecution of corruption, of putting drugs and weapons on airplanes inbo-
und to the United States,” Representative Michael McCaul, a Texas Repu-
blican, said on “Fox News Sunday,” according to a transcript. “It wouldn’t
take a whole lot to put a bomb on one of those airplanes as well. And I think
that’s a main thing from the homeland security standpoint, we’re really wo-
rried about these planes coming into the United States,” the lawmaker said..."


Friday, November 6, 2015

Puerto Rico News Digest For November 6, 2015


GOV. FILES BILL TO OVERHAUL PREPA

















From News Is My Business:

"Puerto Rico Gov. Alejandro García-Padilla on Thursday submitted a bill
to the legislature that proposes a sweeping overhaul of the Puerto Rico Elec-
tric Power Authority, with the goal of “providing clean and reliable energy
at the lowest possible cost.” The 159-page PREPA Revitalization Act pro-
poses: Enhancements to governance processes so that PREPA..."


25,000 TO GET ENERGY BILL HELP


From The San Juan Daily Star:

"Resident Commissioner Pedro Pierluisi announced Wednesday that, for
the third consecutive fi scal year, Puerto Rico will receive over $15 million
from the federal government to help island families pay their electricity bills
as a result of a change in the funding formula that he secured for the comm-
onwealth and the other U.S. territories in late 2013..."


NYC POLS JOIN PR HEALTH CARE RALLY


From Caribbean Business:

"Resident Commissioner Pedro Pierluisi announced Wednesday that, for the
third consecutive fi scal year, Puerto Rico will receive over $15 million from
the federal government to help island families pay their electricity bills as a re-
sult of a change in the funding formula that he secured for the commonwealth
and the other U.S. territories in late 2013..."


20 MIGRANTS CAUGHT ON PR'S WEST COAST


From Caribbean News Now:

"US Customs and Border Protection (CBP) Border Patrol, air interdiction ag-
ents and Puerto Rico Police officers have apprehended 20 undocumented mi-
grants from Haiti and the Dominican Republic during the process of disem-
barking near the coastal town of Aguada...





Friday, August 7, 2015

Puerto Rico News Digest For August 7, 2015


MEDICARE ADVANTAGE HEADED FOR COLLAPSE


















From The San Juan Daily Star:

The crisis in the Medicare Advantage program is beginning to be felt.
The president of the Physicians-Surgeons Association, Víctor Ramos,
said Wednesday hundreds of Medicare Advantage patients are finding
out that doctors are not accepting their health insurance plans and  are
being forced to pay for services out of their own pockets or refrain from
seeking medical treatment. Ramos said that Medicare Advantage has
cancelled health insurance contracts with over 600 doctors without ade-
quate justification. The situation is also causing a mass exodus of doc-
tors from the island as they face a reduction in the number of patients
seeking their services.


PR TO HOST LATIN AMERICA TRADE EVENT


From Caribbean Business:

The Latin American Business Council (CEAL by its Spanish acronym) is
slated to hold its "Latin America and International Trade" meeting Aug.
13-14 at the Condado Vanderbilt Hotel in San Juan. Business leaders, o-
fficials and experts in international commerce will attend the event to de-
bate and contribute to Latin American trade. Among the issues to be dis-
cussed will be Latin America's participation in international trade, new
U.S. developments, the state of global entrepreneurship, internationali-
zation and new business opportunities with Cuba.


BONDHOLDERS DEMAND PFC PAYMENT


From News Is My Business:

OppenheimerFunds and Franklin Advisers, which represent Public Finance
Corporation bondholders, sent a letter to Puerto Rico government officials
demanding that they take “all necessary actions” to make the $58 million pay-
ment missed this week. In the letter, the entities said the nonpayment came
“just a few short weeks” after Gov. Alejandro García-Padilla and Senate Pre-
sident Eduardo Bhatia said the government intended to negotiate with bond-
holders. “Now, just a few short weeks later and before any negotiations have
taken place, negotiations in which we have been willing to participate, the go-
vernment of Puerto Rico has decided not to pay the Public Finance Corpora-
tion bond debt service payment,” the letter stated.


SALSA ICON LEAVITT DIES AGED 66


From Latin Times:

Puerto Rico and music lovers around the world are mourning the death of
Raphy Leavitt, composer and founder of the salsa orquesta La Selecta.  The
iconic musician, who was born on September 17th, 1948 in San Juan, Puerto
Rico, passed away on August 5th at his home in Miami, Fla. two days after
undergoing hip surgery. He was 66 years old. "I stay with the memories of a
great human being, a father my whole life and a colleague forever," said band
member Sammy Marrero in an interview with Wapa.




Monday, June 15, 2015

Puerto Rico News Digest For June 15, 2015

LA PLATA WATER RATIONING MORE LIKELY


Reservoir levels for today, June 15th. Carraizo is on the far left, La Plata is to its right.
















From The San Juan Daily Star:

The level of La Plata Reservoir continues to descend, which could lead the
Puerto Rico Aqueduct and Sewer Authority (PRASA/AAA) to make an ann-
ouncement next week on water rationing for customers supplied by the Toa
Alta reservoir. “This morning La Plata had fallen 16 centimeters [to 41.39
meters) so the tendency is that it is continuing to descend, which places us in
a position of making some kind of announcement to our clients that receive
their water supply from this reservoir as soon as early next week,” PRASA
Vice President of Operations Francisco Martínez said. La Plata reservoir su-
pplies water to some 70,000 consumers in the towns of Toa Alta, Naranjito,
Vega Alta, Comerío, Barranquitas, Aibonito, Cidra, Cayey, Bayamón, Cata-
ño, Toa Baja and parts of Guaynabo.


PR LAWMAKERS PUSH FOR MEDICARE PARITY


From Caribbean Business:

Puerto Rico legislative leaders participated Friday in several events and meet-
ings intended to push the federal government to address the federal funding
disparity issues on the island under the Medicare programs. The Centers for
Medicare & Medicaid Services (CMS) recently upheld its decision to cut by
11% Medicare Advantage (MA) premiums for Puerto Rico beneficiaries star-
ting in January, which pushes local MA rates to $488 per beneficiary per mo-
nth, down from $528 this year and 38% less than the U.S. national average.
Meanwhile, the CMS increased overall rates in other U.S. jurisdictions by as
much as 3%.


MORE THAN 1M ATTEND NY PUERTO RICAN PARADE


From Fox News:

Entertainer Rita Moreno took Roman Catholic Cardinal Timothy Dolan for
a dancing spin Sunday in the middle of Fifth Avenue by St. Patrick's Cathe-
dral. At 83, atop a convertible car, Moreno was the grand marshal of the fes-
tivities that turned more than 1 million spectators into a sea of red, white and
blue. Topped by a single star, they're the colors of the Puerto Rican flag that
also were splashed across 20,000 marchers moving up the avenue from 44th
Street to 79th Street. Puerto Rico's governor, Alejandro Garcia Padilla, was
followed by New York City Council Speaker Melissa Mark-Viverito, a Puer-
to Rico native dancing to the pounding Latino soundtrack of the 58th annual
parade.