In an age where you can listen to the radio online for free, you can get your business world news directly to you from business radio talk shows while you work. One popular topic that all sources of business and financial news online are covering is the hotly debated Obamacare, which has even caused the Government to shut down.
Recently, business radio talk program Planet Money on NPR, which helps explain the economy, covered the issue of Obamacare. They explained the problem with Obamacare, saying that its death spiral begins when only sick people sign up. Because it’s so expensive to take care of them, the premiums are raised for the next year. Then, only really sick people sign up. Again, the premium becomes raised. The cycle continues until the program simply becomes too expensive and no one buys it. What the business radio talk program argued is that in order to truly succeed, healthy people need to sign up for Obamacare, in addition to sick people.
According to the Bloomberg Small Business report, a brief business radio talk show, small business won’t be able to enroll in Obamacare until November first. This is only one in a series of delays in the program, as glitches amongst the online insurance program arise. However, CBS news reports that, after a rocky start, administration says that the Obamacare site has improved.
According to Obama Care Facts, the goal of the bill, which is also known as the Affordable Care Act, is to “give more Americans access to affordable, quality health insurance and to reduce the growth in health care spending in the U.S.” This is indeed a noteworthy cause, and a great step in overcoming a challenge that the nation faces. Though it’s had a rocky start, and there are certain variables that may cause the entire program to fail, the program’s success could mean great things for the nation.
You can find out more on Obamacare, as well as other important issues in the business world by listening to business radio talk programs. If you have any questions about business radio talk, feel free to ask in the comments!