Is that not typically a question you would ask . Well or. Its like this. If you design a part for a car, you know your parts working, would you like to know that the car works . Absolutely. Thats what im asking you, would you have liked to have known your system worked, is that correct . Well, that would be correct. Ms. Bauer . Yes. Okay. Are these controls embedded in the applications at the direction of cms . They were assessed, but, yes, they were embedded, configuration changes would be made based on controls. And at what point of the phase should security controls begin to be embedded into the application . At the production phase. Generally, when we test, were assuming were looking at the productionready version of the application, and then we apply those cms security controls we talked about and assess those against the productionready version. They em belledded into the architecture of healthcare. Gov . The overall cms Enterprise Security controls are to be applied across all t
On wall street. Yesterday we heard from j. P. Morgan and wells fargo. Brian moynihan is reporting a great Fourth Quarter. Scarlet fu has more in the newsroom. Break it down for us. Quarterly profit at bankamerica could quadruple in the Fourth Quarter thanks to approving credit trends. Relatively strong sales and trading numbers and a favorable tax rate as well. Earnings per share in the Fourth Quarter up . 29 compared to the consensus of . 27. Revenue coming in higher than anticipated, 21. 7 billion. Over the past month, eight analysts ratcheted it down. The bar was lowered. Pretax litigation expense. It is a noisy quarter because of these onetime items. A 2. 1 3 billion charge there. One investor who was on surveillance said he is not exactly sold on bankamerica yet, even though it is leveraging the bank economy. Because of the legacy issues that remain. Jpmorgan at ahead in terms of resolving the sales of defective mortgages leading up to the housing crisis. Rising Interest Rates hel
Imagine from the title of its organization and this includes more than 3000 Public Schools and agencies and state employers covering more than a million and a half and david is here to tell us about the calpers reference pricing and its impact on health care and the cost as andrea has said that he might been promised that he might. We thank you for coming. Thank you, ed. Okay. Im going to talk about this program for hip replacement and it provides Health Benefits for 1. 1 million members statewide and that includes active and retired state employees including school districts. About a third of those end up in the preferred provider organizations with Anthem Blue Cross of california and we spent about 7. 75 billion and the impetus for referencebased pricing was also a variety of studies in this includes for Knee Replacements and we looked at cost drivers and it turned out that the osteoarthritis is one of the drivers in about a third of those costs come from hip or Knee Replacements. In
Sometimes a thousand dollars a month. I mean, you know, its a wide range. Some people will get subsidies and support and pay less. But theres this group in the middle who make just enough, they get no subsidy, and the price of their premiums for their plans is going up dramatically. But moreover, and this is just what after 36 meetings in my own district their deductibles, their deductibles, they fear, are at a level where unless you have a Catastrophic Health event in your family, you really dont have Health Insurance because youre paying upwards of 12, 15,000 where it was 2 or 3,000. And so they may go without, because you have a guarantee issue. So you can always go to the emergency room, right . The penalties are not more than the premiums. I think this is the chaos im talking about out there on the ground in communities all across america. A quick follow up . Sure, of course. Has there been time to actually figure out as this legislation has been going on which is the worst case .
Navigate quicker than most and that is the key thing. It doesnt take everyone to do the same thing. Some people might be comfortable just going through the ig and the sun it covetable going to the representative or senator and some light be comfortable going to the press. But there are different levels. You dont have to go as far as we did. In some cases there is an exception that there are different ways that you can get the information out and different people that want to. Theres the civil groups, Veterans Service organizations that would be more than happy to get the information they have direct connections with other leaders in congress. There are different ways that i would tell you this. You feel better when you Say Something versus holding it in. I have no doubt there are employees listening tonight and seeing the comments and i might add that they are probably out there during all of you down for having the courage to show up. But step forward and model this other office to ca