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From istanbul to london to washington, our bloomberg voices are on the ground with this mornings top stories. We begin with a pause in the trade war. President trump hailed the signing of the 86 page document as an important step towards a fairer trade deal with china. We take a momentous step, one that has never been taken before with china, toward a future of fair and reciprocal trade as we side phase one as we sign phase one of the historic trade deal between the United States and china. Alix joining me on the phone from washington is shawn donnan, bloomberg trade reporter. What is the day to story the day two story . Some there are already question about chinas purchase commitments. We heard overnight a real emphasis on the role of the market in this, saying they will live up to these commitments if it is with Chinese Consumer demand and if the prices are right. That is ....
Affordable care act demanded that coverage at policies have minimum coverage requirements, and thats why because the cost of many of those policies have gone up and people have been notified and then they cannot get those policies january 1 of 2014 because the there demandedo include some an additional things. Why would Medicare Advantage not cost more . Because there are more things in it, more provisions, Preventive Care, annual physical examinations, a nurse checking up to make sure that the patient got the medications filled, return for their appointment and timely follow up. So together that program and thats what this is all about, im looking forward to what the witches has to say about it. It made no sense to cut 300 billion out of a program that 29 of Medicare Beneficiaries had chosen, and its gone u ....
Sorry i had to excuse myself during the testimony. A couple points. One is i like myself and a handful of other staffers make sure that we were enrolled in our new Health Care Plan because we couldnt get confirmation. Fortunately i got confirmation that im finding out like everybody else i have less coverage at a higher cost. The concern is as it is exhibited by the constituents on Medicare Advantage we will see the same thing of her in Medicare Advantage and so i think that this is a timely hearing because its like Everything Else in this new movement of health care. Everybody is going to get less coverage and higher cost, no matter who you are or where you are in this country because of these before. I was hearing the committee went secretary sebelius a ....
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