Isakson Chronic Care Legislation Heads to Senate Vote

The CHRONIC Care Act of 2017, introduced by Sen. Isakson (R-Ga), Sen. Hatch (R-Utah), Sen. Wyden (D-Ore) and Sen. Warner (D-Va), passed unanimously out of the Senate Finance Committee today and heads to a full Senate vote.

The bipartisan legislation could have a major impact on curtailing the cost of Medicare, as the legislation seeks to modernize chronic care treatment, which accounts for approximately 90% of the Medicare spending for senior citizens.

Among many modifications, this legislation seeks to increase flexibility in care by expanding telehealth services, which will increase access to care for seniors in rural areas, and the “independence at home” model, which allows for patients to receive more treatments at home and reduces the number of hospital readmissions.

Additionally, the legislation offers more flexibility to Medicare Advantage Special Needs plans to offer enrollees non-medical services. About one third of Medicare enrollees are in Medicare Advantage plans.

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Taking All Bets, Prediction Markets Abuzz Assessing Georgia’s Future

Time to collect all the 3rd floor gossip under the Gold Dome, because prediction markets—more commonly and less accurately referred to as political gambling sites—are open for the 6th congressional districts upcoming special election and Former Georgia Governor Sonny Perdue’s Secretary of Agriculture confirmation process. Prediction markets have been shown, by some research, to be an accurate tool for aggregating public information about an event, and frequently correctly predict everything from Oscar winners to Supreme Court decisions.

PredictIt is a prediction market site, which is legal in Georgia and 47 other states, and was set up for academic research by Victorian University in New Zealand. It’s used by over 50 universities in the United States, including Yale University and Georgetown University, to research a variety of topics, including microeconomics, political behavior, computer science, and game theory. Continue reading “Taking All Bets, Prediction Markets Abuzz Assessing Georgia’s Future”

Dispatch From Havana: Georgia’s Trading Interests in Cuba

With a new and ambiguous administration taking control in Washington D.C. last Friday, there will be a new debate on the sanctions against Cuba, and a softening of the trade restrictions could have a big impact on the developing humanitarian and financial relationship between Georgia businesses and the Cuban people.

Ask the average Cuban on the streets of Havana if there is a shortage of food in Cuba, and they tell you that everyone goes to sleep with full bellies. Walk into any grocery store, however, and you see empty shelves. Take a few days to build relationships, and you learn the whole story.

While a minimalistic allotment of food is available to all Cubans, many Cubans still struggle to find enough food. According to the United Nations World Food Programme, the largest humanitarian agency fighting hunger worldwide, in Cuba food based security programs, like monthly rations for the entire population and school feeding programs, provide a safety net to prevent starvation. However, the food they are given to survive allows for only that, survival, and most Cubans can’t get the necessary nutrition they need. Meat and other necessary stables of a healthy diet are expensive, especially when compared to the low salaries Cubans are paid by their government.

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