Playlist: Health care rules and Chinese billionaires
Posted by Chau Tu…
Posted by Chau Tu
For Marketplace, Tuesday, September 28, 2010
State insurance commissioners are still working on setting a rule with the new health care reform that will clearly specify what expenses insurance companies can count as health care. As Nancy Marshall Genzer reported, it’s a complicated debate. Bill Gates and Warren Buffett are trying to urge their wealthy counterparts to be philanthropic, but Chinese billionaires aren’t budging. Are they just being stingy, or is something else going on? In other stories, JP Morgan might be asking for money back from its Washington Mutual purchase, POM juice may be overextending its health claims, South Carolina’s starting its own private equity firm, and there’s still a big gender gap in top management positions. Also, Kai reads your letters. And here’s what we played today: