Crashed our entire economy through purposeful and fraudulent activities [laughter] banks and the bankers who bank them [laughter] have weathered attacked from all corners. The government is waging war on banks. They say wall street is guilty that your fortunes are where they are now because of wall street. People want to see bankers in handcuffs going to prison. Jon as as though seeing them punished appropriately would be somehow just or right. [ laughter ] well, guess what . The vampires finally got their blood. His name is kareem and his bankers lied about the Mortgage Backed security and he knew about that and looked the other way so he was guilty. Jon huh. Lie being the value of mortgagebacked securities and looking the other way i think was the slogan for one of those companies, wasnt it . Why is he the only person to have gone to jail for that activity . He pled guilty and he is now in prison. Jon oh, he want to jail for stupidity. Doesnt he know, pleading guilty is now how you a
The nato summit gathered leaders from all over the world, in wales today for what is being called the alliances most important meeting in decades. The leaders are discussing several issues including the crisis in eastern ukraine, the islamic offensive in iraq and syria, and winding down the war in afghanistan. Diplomatic editor has more now from the meeting in wales. They are calling this the most crucial summit since the end of the cold where are. And thats because of the range of crisis. Top of the agenda is the situation in ukraine. Difficult balancing act for the nato leaders here. Trying to deter russia, and yet at the same time, not further antagonize president putin. One western official, they now believe there are about 3,000 russian soldiers inside ukraine. Probably nearly as many now as there are separatist whose are a part of that fight too. Now, they have come one a package of measures, support for the military. Training, logistical help, helping rehabilitate those soldiers
In these jobs. And honestly it was just really hard to choose a tier and we could not agree on would it be gold or would it be silver . And it was trying to get to the consensus that i cannot live with that moment, on both sides of the equation and we had to move on from that and what we decided to do, was then to just essentially tweak around the edges with the areas that have really seen the changes in the Health Insurance market which brings us to the recommendation of number five. And what we have here, then, is the out of pocket maximums that have really gone much higher than the average plan sort of for a couple of years ago and also, when they set the 4,000 two years ago, they had every reason to believe in the word on this the street was that the Affordable Care act and coverage california, i should say was really going to set their out of pocket maximum, maximums at 4,000, and it turned out that they set it at 6350 and so a lot of the plans have gone up to that amount and that
In these jobs. And honestly it was just really hard to choose a tier and we could not agree on would it be gold or would it be silver . And it was trying to get to the consensus that i cannot live with that moment, on both sides of the equation and we had to move on from that and what we decided to do, was then to just essentially tweak around the edges with the areas that have really seen the changes in the Health Insurance market which brings us to the recommendation of number five. And what we have here, then, is the out of pocket maximums that have really gone much higher than the average plan sort of for a couple of years ago and also, when they set the 4,000 two years ago, they had every reason to believe in the word on this the street was that the Affordable Care act and coverage california, i should say was really going to set their out of pocket maximum, maximums at 4,000, and it turned out that they set it at 6350 and so a lot of the plans have gone up to that amount and that
Way, lost in that exchange, and we felt very, very, certain at the end of it, that this was a fair and good idea. And to keep these minimum standards, but just want to talk more about that later, just want to make sure that we have got some definitions of these terms. So, this gives you just the high points of the current minimum standards and you will see more in detail in your report, there is a table, that shows the old minimum standards but these are kind of the big picture and the big ticket items in any health plan and so, the minimum standards do include the premium cost and who pays the premium. And the minimum standards have always required that the employer pay 100 percent, of the premium costs. And the employee pays zero. And the out of pocket max was presently today, and it was a current minimum standard is 4,000, and it must include all types of cost sharing and that means. The deductible and really anything that that employee is putting toward their healthcare. And the de