Health

August 11, 2010 by WVCBP
Social Security Prevents Poverty for 120,000 of West Virginia Elderly

According to the national Center on Budget and Policy Priorities , many of West Virginia's elderly would be living in poverty, if not for Social Security. According our recent report, about 30 percent of West Virginia seniors rely solely on Social Security in retirement.     What's particularly surprising is the significant number of children who receive…

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July 8, 2010 by Sean O'Leary
Welfare Not the Source of West Virginia’s High-Income Transfer Payments

West Virginia has one of the lowest per capita incomes in the country, and nearly 25 percent of personal income in West Virginia comes from government transfer payments. The national average is just under 15 percent. Transfer payments are mainly made up of  payments by the government for various social benefit programs. These programs include Social…

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June 28, 2010 by Ted Boettner
OPEB Part Deux

On Friday, State Senator McCabe had a nicely written retort to my op-ed last week on OPEB . Senator McCabe is a friend and I value his opinion greatly and I think he takes a well reasoned and balanced approach. I just wish I was as optimistic as McCabe about addressing OPEB and our long-term…

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May 27, 2010 by WVCBP
More “Gray” Equals Less “Green”

As I mentioned in my last post , the Census projects that by 2030 one in four West Virginians will be over age 65. As a result, it could cost state and local governments a lot revenue. This is because seniors, in general, are not part of the labor force. This means they pay less in…

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May 25, 2010 by Ted Boettner
Don’t Hit the OPEB Panic Button

Would you consider it a "crisis" if an accountant told you how much money you owe on your house? Apparently, that's the rationale Phil Kabler used yesterday when he told people that our state's $8 billion OPEB  (Other Post Employment Benefits = the state's retiree health care subsidy for state and public school employees) liability is "the…

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July 20, 2009 by WVCBP
Financing Health Reform Without Burdening Working Families

With health care reform estimated to cost around $1 trillion over the next 10 years, the means must now be found to pay the bill. A recent report by Citizens for Tax Justice highlighted three proposals that would raise the needed revenue without burdening working families already struggling to make ends meet. Read

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