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Electrovaya: ‘Underlying Business’ is profitable despite missing earnings projection
Electrovaya’s third quarter revenue was not what company officials expected, but Dr. Raj DasGupta, Electrovaya’s CEO, is still bullish on his company’s future. Electrovaya reported fiscal third-quarter 2026 revenue of $17.7 million, missing Wall Street estimates by over $3 million and prompting a lowered full-year revenue outlook to between $70 million and $73 million. The […]
Brewers’ Drohan Reveals Brutal Way He Learned Skubal Trade News
A fan’s loud announcement delivered the crushing news that the Milwaukee Brewers’ trade pursuit of Tarik Skubal failed, leaving pitcher Shane Drohan stunned.
Study finds structural weaknesses in N.Y.'s sprawling ethics system
Those problems, the report says, can leave watchdog agencies vulnerable to the political officials they oversee.
Even After Super Bowl Victory, The Seahawks Are Being Overlooked
Colin Cowherd says Sam Darnold and the Seattle Seahawks remain overlooked despite being the defending champions.
Joe DiMaggio Children’s Hospital CEO is no longer with Memorial Healthcare System
Caitlin Stella, who has been the CEO for Joe DiMaggio Children’s Hospital for the past eight years, is no longer in that position as of Tuesday, the South Florida Sun Sentinel has learned..
New Lakers buyer Joshua Kushner is a Democrat with sports roots
Venture capitalist Joshua Kushner, brother of President Trump's son-in-law Jared Kushner, has tried to forge his own legacy that includes sports investments.
NYC Health + Hospitals/Jacobi | North Central Bronx Receives $600,000 for New Ophthalmology Microscope
NYC Health + Hospitals/Jacobi | North Central Bronx CEO Christopher Mastromano announced today that, thanks to the generous support of Borough President
Jeff Lightner
Jeff Lightner has been appointed Chief Growth Officer for Marsh McLennan Agency’s Midwest Region, to help shape the region’s growth strategy across talent and growth capital, carrier economics and sales operations.
BREAKING: Oregon State Hospital superintendent ousted after resignation of health authority leader
This is a developing story and may be updated The superintendent of the Oregon State Hospital who was appointed less than a month ago by a since-departed director of the Oregon Health Authority is out as head of the troubled state-run mental hospital, the health authority said Wednesday. Oregon Health Authority Interim Director Fariborz Pakseresht […]
Tennessee Titans Receive Generous Ranking Among All 32 Teams
The Tennessee Titans have received a very generous ranking despite a horrible season in 2025. Here is where they rank among the 32 teams in the league.
Perez Hilton’s Mother Files For Temporary Custody Of His Children After Hospitalization
Celebrity blogger Perez Hilton was hospitalized late Tuesday after fans called the police during a disturbing TikTok livestream.
VHC Health gets record-breaking $17.5M donation, supporting new cancer center
A $17.5 million donation to VHC Health, the largest philanthropic gift in the organization's history, is supporting a new cancer center expected to open in 2028. VHC Health is renaming its outpatient pavilion the "Arlene Evans and Barry Dewberry Outpatient Pavilion" in honor of the donors, who previously contributed $3 million to the hospital that
Opinion | When Politics Becomes a Substitute for Faith
The enemy of socialism isn’t capitalism, it is God.
Hendersonville hospital celebrates opening of Adolescent Behavioral Health Center
WLOS News 13 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Asheville, NC and nearby towns and communities in Western North Carolina and the Upstate of South Carolina, including the counties of Buncombe, Henderson, Rutherford, Haywood, Polk, Transylvania, McDowell, Mitchell, Madison, Yancey, Jackson, Swain, Macon, Graham, Spartanburg, Greenville, Anderson, Union, Pickens, Oconee, Laurens, Greenwood, Abbeville and also Biltmore Forest, Woodfin, Leicester, Black Mountain, Montreat, Arden, Weaverville, Hendersonville, Etowah, Flat Rock, Mills River, Waynesville, Maggie Valley, Canton, Clyde, Franklin, Cullowhee, Sylva, Cherokee, Marion, Old Fort, Forest City, Lake Lure, Bat Cave, Spindale, Spruce Pine, Bakersville, Burnsville, Tryon, Columbus, Marshall, Mars Hill, Brevard, Bryson City, Cashiers, Greer, Landrum, Clemson, Gaffney, and Easley.
Aaron Rodgers has reason to worry about Steelers' 2026 outlook
Aaron Rodgers and the Pittsburgh Steelers won't like this news.
Kamin Science Center puts Pittsburgh’s newest indoor racetrack in gear
Kamin Science Center’s Science of Speed adds an 800-foot electric kart track, F1 simulator and real race vehicles to its new motorsports exhibit.
Village Capital launches NWA investment facility
Washington, D.C.-based venture capital firm Village Capital recently launched a first-of-its-kind flexible investment facility supporting Northwest Arkansas-based startups. The Walton Family Foundation provided $700,000 to support the VilCap Innovative Capital...
Village Capital launches NWA investment facility
Washington, D.C.-based venture capital firm Village Capital recently launched a first-of-its-kind flexible investment facility supporting Northwest Arkansas-based startups. The Walton Family Foundation provided $700,000 to support the VilCap Innovative Capital...
After Microsoft threatened legal action, a security researcher publishes a new Windows zero-day bug
This is the latest zero-day released by security researcher Nightmare Eclipse, despite Microsoft publicly threatening to take legal action against them.
Minkah Fitzpatrick reflects on frustration with Steelers
Former Steeles safety Minkah Fitzpatrick shares his frustrations in final years in Pittsburgh.
Bob Iger and Josh Kushner to buy the Lakers
In a statement, former Disney CEO Bob Iger and venture capitalist Josh Kushner said they "were deeply honored" by the opportunity.
Tafoya makes 'common sense' pitch to disaffected Democrats as she vows to fight Minnesota’s ‘socialist lurch’
Michele Tafoya won the Minnesota GOP Senate primary and now faces Peggy Flanagan, pitching common sense to voters across the political spectrum.
From first 72 hours to first 90 days, tech extends hospital care beyond discharge
As value-based care expands, health systems are using technology-dependent transitional care to support patients at home, reduce readmissions and improve outcomes.
After Surprising OT Development, Could Steelers Trade Broderick Jones?
As the Pittsburgh Steelers begin their first week of game preparation under new head coach Mike McCarthy, one name remains a bit of a mystery heading into the 2026 season. Offensive tackle Broderick Jones is fully cleared for football activities after dealing with a neck injury last season. Iheanachor entered the NFL as a player expected to need some development during his rookie season.
Wednesday Morning Links
Morning, all! Monday marked the first game in a stretch against a couple of cellar dwellers, and the Rangers capitalized by winning 4-1 in extras against the Angels. Unfortunately, the offense was flacid last night despite ample opportunities, so the signs aren’t pointing to a momentum building road trip. Cody Bradford was a bright spot, […]
How Ted Lasso handles Jamie Tartt’s absence
After hinting at an explanation in the season 4 premiere, ‘Ted Lasso’ has revealed why fans won’t see Phil Dunster’s Jamie Tartt hanging around the Richmond pitch.
Small Business Spotlight: Specialty dental practice takes root on Market St.
WHAT MADE YOU WANT TO OPEN BLUE HERON ROOT CANAL SPECIALISTS? OWNER SARAH ERMOSHKIN: “I’ve always been an entrepreneur at heart. When I was 23 years old, I owned a cafe in Seattle, where I even fought to oppose oppressive sales taxes on espresso drinks. After selling that business, I got married and started a family. Once my children were in school, I attended dental school through the Navy Health Professions Scholarship Program (HPSP), which covered my tuition and provided a stipend. From the beginning, my goal was to eventually own my own practice after completing my military service. The work I do is incredibly rewarding and being able to create an environment that puts patients first while helping employees grow professionally makes every day as a business owner meaningful.” WHAT DOES YOUR BUSINESS PROVIDE? ERMOSHKIN: “Endodontists are often called ‘pain doctors’ because our primary mission is to relieve pain and save natural teeth. We specialize in root canal therapy, retreatment of nonhealing root canals, treatment of root resorption, apicoectomies – microsurgical root-end procedures – and vital pulp therapy for children. Our goal is to preserve teeth that might otherwise need to be extracted and replaced with implants. Saving a patient’s natural tooth is almost always the best long-term solution for their oral health.” HOW DOES YOUR MILITARY TRAINING HELP YOUR BUSINESS? ERMOSHKIN: “My military service taught me how to lead, collaborate and make decisions under pressure. I worked closely with senior leadership while treating a large patient population and collaborating with specialists across multiple disciplines. During the COVID-19 pandemic, (I) served a dual role as Navy dentist and as the public affairs officer for Naval Health Clinic Annapolis, where I helped develop medical and dental communications for the midshipmen and support staff, while coordinating with the broader Navy Capital Region. We worked closely with other military treatment facilities to share best practices and deliver consistent public health messaging. Those leadership experiences continue to shape how I lead my team and serve our patients today.” WHAT CHALLENGES ARE YOU FACING RIGHT NOW IN YOUR BUSINESS? ERMOSHKIN: “One of our biggest challenges is overcoming the misinformation surrounding root canal treatment. Root canals are safe, effective and often the best way to relieve pain while preserving a natural tooth. Unfortunately, many people choose extraction because they believe it’s less expensive or because they’ve seen misleading information online. What they may not realize is that losing a tooth can lead to shifting teeth, changes in the way they bite and chew and significantly higher costs to restore their smile later.”
Altuve leaves game at the Giants after taking a pitch to his left foot
The Astros called it a bruised foot for Altuve, who manager Joe Espada said was sore.
'Second season syndrome is lazy punditry'
"I don't think Sunderland will be anywhere near the relegation zone," says sports journalist Ian Murtagh, despite Regis le Bris' side "entering the unknown" after securing European football. The Black Cats have gone from the third tier of English football to the Premier League, and now the Europa League, in just four years. "Sunderland are entering the unknown in the sense that they won't just be playing 40 to 42 games this season, they will be playing over 50 games," Murtagh explained.
Altru’s Home Health Services to close Sept. 1
Team members provide health care services for patients in an area extending from Devils Lake to Thief River Falls, Minnesota. Transition planning for patients is in progress, an official says.
When kids take the field for baseball in Pittsburgh, do the umpires have the necessary clearances?
Community members demand Colorado issue public health order for ICE tuberculosis case
On Monday, community advocates once again called for more pressure from the state government, issuing their own “people’s public health order” at the Colorado Capitol, steps from Gov. Jared Polis’ office.
Aaron Rodgers: I don't think there's any advantage to playing in the preseason
The Steelers haven't decided if Rodgers will play on Thursday.
Yankees' Upcoming Pitching Decision Might Surprise You
The New York Yankees have a big pitching decision to make, and their strategy may surprise you.
Atlantic Trivia, August 12, 2026: Faith and Science
Spain marketed itself as the lone populated place where today’s solar eclipse “can be fully enjoyed”—a snub to what cloudy Nordic capital also in the path of totality?
Tigers seek series-clinching win over Guardians on Wednesday night
The Detroit Tigers took the first game of a critical home series against the Cleveland Guardians on Tuesday night with a narrow 6-4 victory. The good guys got their first win against Tanner Bibee since July 2024 thanks to some well-timed offense, and somehow, Kenley Jansen did not blow the save despite feeding the batters […]
Rural health panel divvies $205M in federal funds for Wyoming healthcare
Panel assigned money to hospitals, EMS services and maternal care in attempt to shore up medical access.
Eloxx Pharmaceuticals Reports Second Quarter 2026 Financial Results and Provides Business Update
Completed underwritten public offering with gross proceeds of $66.0 million and uplisting to the Nasdaq Capital Market, significantly strengthening the...
The surprising health benefits – and one drawback
Despite their small size, sesame seeds are remarkably nutrient-dense.
Science of Speed opens at Kamin Science Center
Pittsburghers tested their driving skills during the opening of Science of Speed at Kamin Science Center.
Hospitals Say They Found a Tool To Help Reduce Childbirth Risks: Wristbands
North Carolina and other states have embraced “I Gave Birth” wristbands as a way to encourage women to seek help when they have postpartum complications. They’re gaining steam as the Trump administration’s cuts to Medicaid threaten postpartum care.
Hospitals push for upfront payments as patient deductibles and out-of-pocket costs rise
GUARDIANS NEWS: NOBODY HAS EVER BEEN LESS CLUTCH
No group of humans has ever been less clutch than the 2026 Guardians. Matt Underwood and Chris Gimenez are the dumbest humans to ever share a big league broadcast booth, but even they noticed that Guardian hitters refuse to take any pitches when there is a runner in scoring position. These hitters have a coach. […]
Pritt Investment Partners Introduces a Long-Term Investment Philosophy Centered on Viable Businesses Rather Than Unicorns
RESTON, Va., Aug. 12, 2026 (GLOBE NEWSWIRE) -- For decades, much of the venture capital industry has focused on finding the next billion-dollar ...
America's sunk so low, dishonor and disgrace don't end political careers. Ohio politicians prove it.
Dishonor should be disqualifying in politics. It is not. Scandalous behavior or public corruption should end political careers. They do not. Ohio politicians proved the point last week.
Flutter Entertainment’s Q2 Earnings Call: Our Top 5 Analyst Questions
Flutter Entertainment’s second quarter results were met with a significant negative market reaction, reflecting investor concerns about profitability despite...
Astros Waste Early Opportunities in 4-1 Loss to Giants
It was a costly night in the bay. Not only would Houston lose by a score of 4-1, but they’d also witness an early exit from Jose Altuve who was hit in the left foot on an errant pitch from Carson Whisenhunt during his first AB. Nick Allen would replace Altuve as a result. […]
2026-27 Pittsburgh Penguins Player Projections: Andrei Kuzmenko
Andrei Kuzmenko signed a one-year contract with the Pittsburgh Penguins in July. How will he fare this season?
Progressive Peggy Flanagan sweeps Minnesota Senate primary in race defined by anti-ICE anger
State’s Democratic lieutenant governor bests Angie Craig in another election contest pitting a progressive against a moderate
Jays Beat Red Sox
Red Sox 3 Blue Jays 5 Despite Dylan Cease not having his usual great start, it turned out to be a good game. Cease went 5 innings, allowed 5 hits, 4 walks, and 7 strikeouts, but gave up 2 home runs. Neither one was crushed; one just barely cleared the wall. For anyone else, it […]
Rep. John Larson, a Longtime Lawmaker, Loses a Primary in Connecticut
In an upset, Luke Bronin, the former mayor of Hartford, won the Democratic nomination, capitalizing on calls for generational change.
Your address holds clues to knowing your child's hospitalization risk
Researchers at Cincinnati Children's used local data to create a framework that predicts a child's hospitalization risk based on their address.
Willits business owner to host Thursday event highlighting no-cost advising • The Mendocino Voice
Small businesses can get advising at no-cost from state program which also helps secure capital.
Evander Kane stirs up controversy despite still being unsigned.
Has Evander Kane hurt his chances of earning a new NHL contract?
Steelers' Derrick Harmon Earns Strong Prediction for 2026 Season
Pittsburgh Steelers defensive tackle Derrick Harmon has received a major prediction ahead of the 2026 season.
Some Big Sur residents stay behind to protect homes, businesses as Timber Fire burns
As Big Sur’s Timber Fire continues to crescendo, many locals have chosen to stay and fight for their homes and businesses in spite of mandatory evacuation orders.
Trump officials tout Medicaid financing changes ahead of midterms
Republican-sponsored changes in Medicaid will lower hospital prices and Americans’ health insurance premiums, the White House contends in a new report.
Mason Rudolph Doesn’t Hold Back About Former Steelers Coaches
New Pittsburgh Steelers head coach Mike McCarthy has dedicated himself to developing the team’s quarterbacks, which is a welcome sight for Mason Rudolph, who opened up about the lack of tutelage under the previous coaching staff.“He brings a level of expertise that I just have not been around,” Rudolph told reporters, including Gerry Dulac of […] The post Mason Rudolph Doesn’t Hold Back About Former Steelers Coaches appeared first on HEAVY.
A tale of two candidates in LD 14: Biggs’ political name versus Walsh’s career experience
Legislative District 14 is reliably Republican, making a Democratic upset this November a long shot.
Yankees release veteran reliever who pitched for Tigers last season
Rafael Montero appeared in 20 games for the Tigers in 2025.
Vulnerable Dem's campaign pitch clashes with 'radical' voting record on top culture war issue
Sarah Trone Garriott's Iowa legislature votes on bathroom policy and girls' sports clash with her new campaign video opposing men in women's locker rooms.
Henry Ford Health to close St. Clair emergency room
Henry Ford Health to close River District Hospital ER Sept. 1; inpatient services end, labs/pharmacy remain open.
Atrium Health Levine Children’s Hospital designated as a NORD Rare Disease Center of Excellence
Atrium Health Levine Children’s Hospital is being recognized among the nation’s leaders in rare disease care for children and families.
St. Anthony Hospital names new chairman amid relocation effort
Dr. Peter McCauley, currently a strategic adviser for healthcare private equity firm 2Flo Ventures, will replace the hospital's former CEO Guy Medaglia.
Cone Health one more step closer to bringing new hospital to Mebane
The $250 million Cone Health Mebane Hospital will be located at 103 Medical Park Drive.
NYC Health + Hospitals Commits $23.7 Million to New York Legal Assistance Group’s LegalHealth Unit for Free Legal Services for Patients
New York, NY – Today, NYC Health + Hospitals announced a $23.7 million contract to offer free health-related civil legal services to its patients at its
Henry Ford Health closing emergency room at St. Clair County hospital
Henry Ford Health will close its emergency department and end inpatient services at its River District Hospital in East China Township.
NYC Health + Hospitals/Carter Appoints New Chief Nursing Officer
Today NYC Health + Hospitals announced the appointment of Caroline H. Araullo, MSN-NE, RN, NEA-BC, NPD-BC as the new Chief Nursing Officer at NYC Health +
Sports hospitality veteran Don Dierig named chief operating officer of Sportservice
Delaware North, a global hospitality and entertainment company, today announced the promotion of Don Dierig to chief operating officer of Sportservice, its sports hospitality business. As chief operating officer, Dierig will lead Sportservice’s day-to-day food, beverage and retail operations across the company’s portfolio of sports venues spanning Major League Baseball, the National Football League, the […]
Trump talks about the Reflecting Pool and White House ballroom a lot. Here’s exactly how much
PolitiFact analyzed all of Trump’s public events and speeches over the first seven months of 2026 in which he mentioned his construction projects — including the White House ballroom and Reflecting Pool — and beautifying the nation’s capital.
Mike McCarthy shares key update on Steelers rookie Max Iheanachor
Mike McCarthy provided an update on first-round draft pick Max Iheanachor as the Pittsburgh Steelers prepare for their preseason opener.
“Monumental Sports & Entertainment Unveils Bold Vision for Brand-New Capital One Arena”
courtesy Monumental Sports & Entertainment From Monumental Sports & Entertainment: "Monumental Sports & Entertainment (MSE) and Capital One today unveiled the next chapter of Capital One Arena: a world-class, next-generation sports and entertainment destination built to bring fans, athletes, businesses, and the broader Washington community together in the nation's capital. The transformation represents a significant
Pittsburgh Pirates Insider Drops Concerning Paul Skenes Update
A longtime Pittsburgh Pirates insider has weighed in about what could be causing Paul Skenes' struggles.
Despite federal efforts to drop some children’s vaccine recommendations, Texas requirements unchanged
Public health officials said some parents are confused about what vaccines are required to attend Texas schools amid efforts to change recommendations.
Despite federal efforts to drop some children’s vaccine recommendations, Texas requirements unchanged
Public health officials said some parents are confused about what vaccines are required to attend Texas schools amid efforts to change recommendations.
Proven behavioral health navigation at scale: Inside Tufts Medicine’s playbook
Behavioral health conditions affect roughly 30% of patients, and these patients remain among the costliest and most challenging to guide to appropriate
Sinclair Launches Pittsburgh Sports Tonight Live Weeknight Sports Show Premieres August 31 Across Pittsburgh, Johnstown/Altoona and Wheeling/Steubenville
PITTSBURGH, Pa. — August 11, 2026 — Sinclair today announced the launch of Pittsburgh Sports Tonight, a new live, locally produced sports program premiering Monday, August 31. Airing weeknights from 7:00–7:30 p.m. ET, the 30-minute program will deliver comprehensive regional sports coverage across Sinclair's three-station television network serving Western Pennsylvania, Eastern Ohio, and Northern West...
Sick Kids, Stalled Science: America’s Pediatric Health Funding Crisis
Pediatric health is critically underfunded, despite 1/3 of the global population being kids. But the ROI of investing in kids yields profound health and economic returns.
Unc’s Pizza opens for business in downtown Detroit
Detroit’s Capitol Park neighborhood in the city’s downtown has a new local spot for Detroit-style pizza.
Public Voting Opens Sept. 1 for the North Carolina Small Business Center Network's Inaugural 'Startup Showdown'
/PRNewswire/ -- After months of intensive business training, mentorship and pitch coaching, 17 of North Carolina's most promising entrepreneurs are preparing...
Monumental, Capital One renew arena naming-rights deal for two more decades
Monumental Sports and Entertainment and Capital One Arena have extended their arena naming rights deal for two more decades.
Cone Health Mebane Hospital to Move Forward
The appeal of the project has been dismissed.
America Already Built the World's Largest Science-Vetting Machine | The Foundation for American Innovation
Every year, federal agencies assess over a hundred thousand proposals that they never fund. Treating those peer review as public infrastructure could help unlock much more philanthropic capital for American research.
Monumental Sports & Entertainment Unveils Bold Vision for Brand-New Capital One Arena
/PRNewswire/ -- Monumental Sports & Entertainment (MSE) and Capital One today unveiled the next chapter of Capital One Arena: a world-class, next-generation...
MSE Unveils Bold Vision for Brand-New Capital One Arena
20-year naming rights extension launches the next chapter of Capital One Arena as part of Capital One’s continued commitment to its hometown Monumental unveils fresh videos and renderings of a brand-new arena in downtown D.C. CLICK HERE FOR NEW ARENA RENDERINGS AND VIDEO Credit: Monumental Sports & Entertainment WASHINGTON, D.C. (August 11, 2026) – Monumental Sports & Entertainment (MSE) and Capital
Blue Jays win 2-1 to hand the Red Sox their 3rd straight loss
Charles McAdoo homered and Jameson Taillon pitched four scoreless innings before leaving with an injury as the Toronto Blue Jays beat Boston 2-1 to hand the Red Sox their third loss in a row.
AI-Native, Not AI-Sprinkle: Why AI Is A Business Change, Not A Technology Change
Companies unlock AI’s biggest productivity gains not by adding AI tools to existing workflows, but by redesigning teams, roles and daily work around AI. The broader lesson, argues Bob Morse, co-founder and managing partner of Strattam Capital, is that achieving transformational gains like 3x productivity requires CEO- and board-backed organizational change — not merely technology adoption.
‘Extremely confident in myself:' Can Jake Elliott rebound from 2 dismal seasons?
Jake Elliott feels confident entering the season despite struggling from long range the past two years.
James Talarico Said He Wouldn’t Accept Any Endorsements From the Pulpit. He Just Did.
The Democratic nominee for Senate has decried such political engagement from pastors, saying that the church-state boundary is “sacred.”
The U.S. Healthcare System is Already Mostly Socialized
Now that Abdul El-Sayed is the Democratic nominee for Michigan’s open Senate seat, the outcome of this crucial race will depend mainly on two things: Whether Republicans succeed in demonizing El-Sayed because he’s brown and a Muslim, and whether they succeed in demonizing him as a left-wing radical. I will defer for the now the question of whether bigotry will be effective this year, although I will address it another day. What I want to address instead is El-Sayed’s signature issue — healthcare. Yes, El-Sayed advocates Medicare for All, a position the usual suspects denounce as “socialism.” I will get to the politics of his stance soon. Today, however, I want to talk about the substance. We should be clear that El-Sayed doesn’t even call himself a socialist. On the contrary, he explicitly disavows the label, saying “I’m a capitalist who just knows about capitalism”. In fact, as I explained in a previous post, the policies that El-Sayed advocates qualify him as a social democrat, not a socialist. Still, El-Sayed advocates a system under which the government would pay almost all medical expenses. Isn’t that socialism? Well, if that is the criterion then much of U.S. healthcare is already socialist. In fact, the government’s role is so large that U.S. healthcare is better described as partially privatized socialism than as anything resembling a free market. Let’s start with the raw numbers on health insurance, which pays the bulk of Americans’ medical expenses. Americans receive health insurance either from private companies or from public programs, overwhelmingly Medicare and Medicaid. Here’s what the breakdown of coverage and spending between private and public looked like in 2024: While a majority of Americans with health insurance get it from private companies, well over 100 million of us are covered by government programs instead. And these government programs pay more total dollars for medical bills than the private insurers do. Why do government programs that cover a minority of the population account for a majority of health insurers’ outlays? Mainly because Medicare covers seniors, and we’re expensive. Also, while Medicaid covers many younger Americans, disabled and elderly beneficiaries account for most of its spending. Even by the raw numbers, then, U.S. health insurance looks as much public as private. But that understates the government’s role: Private health insurance in the U.S. is both highly regulated and heavily subsidized. This is obviously true for the insurance coverage purchased by tens of millions of Americans through the exchanges established by the Affordable Care Act. But employment-based health insurance, which covers 161 million Americans, is far more of a government creation than most people realize. For employment-based insurance exists largely because of huge implicit government subsidies that come with major strings attached. Here’s how that works. If your employer pays you $10,000, that’s taxable income. But if your employer pays $10,000 toward a company health insurance plan that meets certain criteria, it isn’t taxable. That’s a huge effective subsidy, running at more than $300 billion a year. Take that subsidy into account, along with the more than $100 billion per year spent subsidizing policies purchased under the ACA, as well as the outlays on Medicare and Medicaid, and net effect is that the government pays for more than two-thirds of Americans’ health insurance. Granted, there are strings attached. Roughly speaking, employment-based health plans can’t discriminate based on medical history — that is, they can’t deny coverage to employees with pre-existing conditions — and they also can’t offer the plans only to highly compensated employees — a health plan that is only for the C-suite is considered taxable income. So given the restrictions of the federal tax code, employer-based health insurance is a lot like Obamacare, which also prohibits discrimination based on medical history and provides subsidies to make insurance affordable to lower-paid workers. The fact is that virtually all of private healthcare insurance is already well under some form of government control through regulation and tax subsidies. How should we think about this system? First of all, is Medicare socialist? Don’t tell anyone, but the way Medicare operates — it covers every senior’s medical expenses, whatever they turn out to be, while being funded by taxes that depend on one’s income — could be summarized by the old Marxist slogan “From each according to his ability, to each according to his need.” And back in 1961, when Ronald Reagan was the face of a last-ditch effort by the American Medical Association to block the creation of Medicare, he denounced Medicare as “socialized medicine” and warned that it would destroy our freedom. In reality, American freedom survived until Jan. 20, 2025, while Medicare is immensely popular, with an 82 percent favorable rating in the most recent KFF survey. Medicaid, government health insurance for lower-income Americans, comes in at 73 percent. This is in sharp contrast to public views about private insurers, who are widely disliked if not hated and accused of denying essential care. Furthermore, if Medicare is socialism, then the whole U.S. health insurance system, with the government paying most of the bills and placing conditions on private insurers, is almost equally socialist. If you insist on calling any program the government pays for and regulates socialist, then U.S. healthcare would best be described as a partially privatized form of socialism. And one must ask, what is the point of the part that is privatized? Do private insurers add anything positive? Or are they simply parasites, skimming off money that could have been paying for care? The case for viewing insurers as parasites is strong. Many Medicare benefits are now delivered via Medicare Advantage, that is, plans paid for by the government but run through insurance companies. MedPAC, an independent advisory commission, estimates that last year Medicare Advantage plans were overpaid by $84 billion, thanks to practices such as “upcoding,” in which patients’ health problems are overstated to get larger sums from Medicare. Assessing the waste from employer-based insurance is harder, but most evidence suggests that private insurers have substantially higher administrative costs than Medicare does. Furthermore, the complexity of private insurance, with multiple payers all trying to deny care when they can, is a huge burden both on providers — doctors, nurses, and hospitals — and on patients. What do private insurers offer to compensate for these costs? One must go through intellectual contortions to avoid the conclusion that they are, in fact, parasites. Which brings me back to El-Sayed. In supporting Medicare for All, he’s basically calling for an end to the partial, parasitic privatization of a healthcare system that is already hugely dependent on public funding. When one looks at it that way, it’s not at all a radical proposal. Admittedly, the political lift requires overcoming the opposition to higher taxes to pay for Medicare for All. Political realism rather than economics was the reason I and many other progressives supported Obamacare, with all its complexities, rather than demanding an immediate move to Medicare for All. But the political calculus may very well have shifted since the 2000s, as Americans are fed up with a system of unaffordable premiums, rampant claim denials, and byzantine claim administration. Moreover, funding healthcare insurance through taxation would allow for a much more progressive distribution of the cost. That is, compared to the present system, middle-income households would pay less as high-income households would pay more. And the U.S. would stop wasting large sums on pointless administrative costs. So let’s be clear: El-Sayed’s healthcare platform is perfectly reasonable on the merits of cost, fairness and health efficacy. And with private insurers never more hated, while millions of Americans are losing their health insurance, 2026 may be its time. MUSICAL CODA
Is PENN Entertainment (PENN) A Bargain As Strong Q2 Earnings Lift Valuation Questions?
PENN Entertainment (PENN) drew fresh attention after reporting second quarter 2026 results that met Wall Street revenue expectations and delivered a significant earnings per share beat, with management highlighting strength in retail casinos and improving Interactive profitability. See our latest analysis for PENN Entertainment. Despite the strong Q2 result and recent shelf registration for an employee stock plan, PENN Entertainment’s share price is down 7.42% over the past month but up...
Insight: US fuel sales to Cuban business bring a glimpse of capitalism to Havana
Gasoline at $38 a gallon sold from cramped apartments. Diesel hawked on Instagram by a celebrity model to a reggaeton soundtrack. Six decades after Fidel Castro’s revolution, all of a sudden, capitalist cracks are appearing in Cuba’s communist energy sector.
Yankees legend says goodbye as he battles health issues: ‘Thank you & God Bless’
Former MLB pitcher Tommy John, a four-time All-Star, missed New York Yankees' Old-Timers' Day this past weekend.
March of Dimes report highlights Arkansas’ gaps in maternity care
Upcoming Medicaid cuts “could lead to additional labor and delivery unit closures and put entire rural hospitals at risk,” according to Arkansas Advocates for Children and Families.
Medical systems, health agencies get $80 million from feds to boost rural health
Dozens of projects from county health departments, healthcare systems and Maryland hospitals will share $80 million in new federal funding to improve access to healthcare in Maryland’s rural communities, the Moore administration announced Monday.
Patients Wary of Governments, Companies Pushing AI as a Rural Healthcare Solution
The $50 billion federal Rural Health Transformation Program is set to flood rural America with new AI health tools. That’s despite little evidence on whether health-related AI can improve access to care and patient health in those communities.
Millennium Hotels and Resorts Partners with HXE to Strengthen Global MICE Business Through Digital Innovation
Millennium Hotels and Resorts (MHR), a global hospitality leader with a portfolio spanning key destinations worldwide, has entered into a Strategic Partnership Program agreement with HXE in Singapore. The partnership combines MHR's global hospitality network with HXE's digital MICE platform to create new opportunities for corporate meetings and events while supporting the growing demand for seamless, technology-enabled event planning.
Chicago Cubs Recently Cut Pitcher Lands New Deal with Rays
The Chicago Cubs are currently off on Monday, but they can’t escape being in the always revolving rounds of roster transactions across MLB. About a week ago, the Cubs designated pitcher Jake Woodford for assignment. Instead of opting to accept a minors assignmnet, Woodford decided to elect free agency. He didn’t last long on the […] The post Chicago Cubs Recently Cut Pitcher Lands New Deal with Rays appeared first on HEAVY.