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October 20, 2014

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Today in Labor History
Oct. 20, 1980:  Presidential candidate Ronald Reagan writes to PATCO President Robert Poli with this promise: if the union endorses Reagan, "I will take whatever steps are necessary to provide our air traffic controllers with the most modern equipment available and to adjust staff levels and work days so that they are commensurate with achieving a maximum degree of public safety." He got the endorsement. Nine months after the election, he fires the air traffic controllers for engaging in an illegal walkout over staffing levels and working conditions.
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Health Insurers Threaten to Increase Premiums, Even as Profits Soar
Posted On: Mar 26, 2013
Mar. 25, 2013 | HEALTH CARE | Some of the nations largest health insurance companies are warning investors that they'll raise insurance premiums by as much as 116% next year, as the coverage expansion provisions in the Affordable Care Act go into effect and millions of uninsured Americans begin purchasing coverage. The threats of premium increases come as the industry is experiencing record profits are are part of the well-coordinated publicity campaign to alarm Americans about the cost of coverage, while downplaying mechanisms in the law that will cushion them from rate shock…Insurers have long complained that the law's more rigorous standards would raise prices, although since the [ACA] was signed into law, national health expenditures have decreased…Continue reading at Think Progress
 
 
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