A federal appeals court upheld President Barack Obama’s health care overhaul, rejecting arguments that it violates the Constitution by requiring Americans either to buy insurance or pay a penalty.“Not every intrusive law is an unconstitutionally intrusive law,” said Jeffrey Sutton, the first Republican- appointed judge to back the law in litigation across the country.
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Some people who need medical care but can’t afford it go to the emergency room. Others just hope they’ll get better. James Richard Verone robbed a bank.
Earlier this month, Verone (pictured), a 59-year-old convenience store clerk, walked into a Gastonia, N.C., bank and handed the cashier a note demanding $1 and medical attention. Then he waited calmly for police to show up.
He’s now in jail and has an appointment with a doctor this week.
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The average compensation for a healthcare board director grew to $137,601 in 2010, up 13.3 percent from $121,743 in 2009, according to a study by accounting and consulting firm BDO USA.
Released last week, the study, “The BDO 600: 2011 Survey of Board Compensation Practices of 600 Mid-Market Public Companies,” examined at publicly traded companies with annual revenues of $25 million to $1 billion in various industries. Healthcare board compensation saw the highest gains, followed by other industries in order of median change increases: energy, retail, technology, real estate, manufacturing, banking financial services, and nonbanking financial services.
In larger healthcare companies estimated at $650 million to $1 billion, board directors’ annual compensation soared to $205,576, substantially higher than any other industry group.