Medicaid Expansion, National Issues, Press Release, Public Health, Seniors Harrisburg, PA – Governor Tom Wolf today wrote to five Pennsylvania Congressmen on two key U.S. House committees to formally ask them to reject the American Health Care Act (AHCA), which the administration’s analysis says would cause serious harm to Pennsylvania seniors, individuals with disabilities, and populations with both Medicaid and private insurance. Governor Wolf requested each Congressman to both vote ‘no’ and ensure a more open and transparent process.The letters were sent to Representatives Tim Murphy, Ryan Costello, and Mike Doyle on the Energy and Commerce Committee and Representatives Pat Meehan and Mike Kelly on the Ways and Means Committee. Each letter details the broad impact to all of Pennsylvania and specific numbers of constituents in their districts.“For seven years, Republicans in Washington criticized the Obama Administration for rushing Obamacare through without the appropriate public vetting and yet Americans are being given less than seven days to fully understand the implications of this legislation on their health and households,” Governor Wolf said. “The legislation, as it stands today, would disrupt health care access and coverage for millions of Pennsylvanians.”“Currently there are more than 2.8 million Pennsylvanians enrolled in Medicaid, more than 700,000 of whom have only recently been able to access Medicaid through the expansion that I put in place immediately upon becoming Governor in 2015.”Governor Wolf took particular concern with the impact on older Pennsylvanians, particularly those between the ages of 50 to 64. This bill would allow insurance companies to charge these seniors five times more than others and would drastically cut subsidies for seniors, especially those with fixed or low incomes and in rural areas.“Seniors represent one of the fastest growing populations in Pennsylvania and shifting the burden of expensive health care costs on to them to offset costs for the rest of us is unfair and disingenuous,” Governor Wolf said. “These are individuals who have lived and worked in our communities, sometimes for their entire lives, and they will suddenly be at the mercy of health insurance companies who will no longer be restricted from charging them higher premiums than the rest of us.”Both the AARP and American Hospital Association have come out against the AHCA, specifically due to its negative impact on older Americans. According to the Kaiser Family Foundation, subsides for the average 60 year old Pennsylvanian would be reduced in all 67 counties for those with incomes of $30,000 or less. The vast majority of subsidies for this same population making $40,000 or less would also be reduced. For example, a 60 year old in Berks, Adams, or York County with an annual income of $20,000 would see their health care assistance cut by more than $11,000, according to the Kaiser Family Foundation analysis.Click here to read the full text of one of the letters sent today. Wolf to PA Congressmen: Reject Health Care Plan That Hurts Our Constituents, Especially Seniors SHARE Email Facebook Twitter March 08, 2017
Brisbane 1 in South Brisbane has construction well underway with 90 per cent of sales to buyers in the greater Brisbane region.THE BASICSBrisbane 1 Developer: R & F Property AustraliaPrice: From $473,999Location: 1 Cordelia St, South Brisbane. Sales and display centre at 20 Hocking St, West End.Brisbane 1 offers one, two and three-bedroom apartments and penthouses over three towers, just across the Brisbane River from the CBD.LOCAL downsizers and first-home buyers are tapping into luxury development Brisbane 1 in South Brisbane, with construction on the first of three towers underway.Developer R & F Property Australia is reporting 90 per cent of sales to buyers in the greater Brisbane region, with mainly downsizers and first homebuyers snapping them up.R & F Property Australia vice president Thomas Chiu welcomed the start of construction, with expected completion in mid-2019. Brisbane 1 in South Brisbane.The first tower is 65 per cent sold, with around 250 apartments going in a record off-the-plan sale, with the second tower of 98 apartments almost sold out at 85 per cent in sales and the third tower sales are also going well with 66 per cent of sales to mainly local buyers.Brisbane 1 offers amazing views, prime location directly above the South Bank cultural precinct and parklands and flanked by South Brisbane, West end and the CBD.The remaining properties start at one-bedroom apartments for $473,999, two-bedroom for $619,905 and three-bedroom for $850,099. Brisbane 1 in South Brisbane.“The project site of Brisbane 1 on Cordelia St yields a lot of promise for R & F, for buyers and for the South Brisbane community,” Mr Chiu said.“Our vision is to shape the future of urbanisation for a growing population, ensuring that it is sustainable, attractive and eco-friendly — Brisbane 1 is the realisation of this vision.”More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor1 hour agoTower two will be completed later in 2019 and tower three is slated for completion in early 2020.The three towers will be the tallest in South Brisbane, dominating the southern bank of the Brisbane River and its skyline and offering uninterrupted views toward the Brisbane River and CBD. Brisbane 1 in South Brisbane.Designed by renowned architects, Bureau Proberts, the high-end residences have 2000sq m of private residential amenity spaces, one of the largest in a single residential complex in Queensland.Amenities include a lagoon-style pool and sundeck, gymnasium and barbecue area.At the top of each of the three towers lies a stimulating garden, spa and private rooms. Brisbane 1 in South Brisbane.The apartment interiors of the apartments and luxury penthouses include engineered timber flooring and stone kitchen benchtops, with expansive glass and neutral colour palettes.As buyers snap up the remaining residences, the projects success has ensured further investment in Brisbane from global developers R & F Property Australia.“We look forward to strong relationships with new world cities, such as Brisbane, into the future,” Mr Chiu said.
Home loans are likely to be harder to get in 2018 due to tighter lending restrictions.4. MORTGAGE STRESS TO AFFECT MORE HOUSEHOLDSDigital Finance Analytics reports that mortgage stress affects more than 921,000 households nationwide. More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoThis could climb to more than one million by the end of 2018.DFA attributes the problem to rising living costs, slow wage growth, and larger mortgages (due to rising home prices). THE ICONIC QUEENSLANDER IN DANGER 5. MORE BORROWERS TO DITCH THE BIG FOUR BANKSMore borrowers are likely to refinance their home loans away from the big four banks this year. This trend was demonstrated last year using data from HashChing which showed the greatest exodus (37 per cent of national borrowers with the big four banks) from Commonwealth Bank. With smaller lenders offering variable rate home loans as low as 3.56 per cent, it might be time to jump ship. The Reserve Bank of Australia is expected to raise the official cash rate this year. Image: AAP/Dean Lewins.2. FIXED RATE DEALS IN FOCUSThere will be a greater mix of very low “special” rates to try and attract first time buyers and owner-occupied refinanced business. Many lenders will focus on fixed rate deals, taking account of lower funding rates, but this may change later in the year in line with a strong likelihood that the Reserve Bank will lift the official cash rate. BUY BY THE BEACH 3. MORTGAGE LENDING STANDARDS TO TIGHTEN FURTHERFirst home buyers will need to stump up a bigger deposit to get into the market, according to Digital Finance Analytics principal Martin North.“As a result, I expect more first time buyers will get help from the “Bank of Mum and Dad”, which can be worth as much as $88,000,” he said. Property prices are expected to continue to cool nationally in 2018. Image: AAP/Glenn Hunt.8. MORTGAGE BROKERS TO CONTINUE TO SETTLE MOST MORTGAGESThe latest industry data shows Australian mortgage brokers settled 55.7 per cent of all residential mortgages during the September 2017 quarter, which is up from 53.6 per cent in the same quarter last year. While upcoming changes to mortgage broker commission structures will result in lower lending volumes, brokers will still maintain significant share and their overall footprint will likely continue to increase. It might be time to ditch the big four banks in 2018. Photo: AFP/Peter Parks.6. PROPERTY PRICES TO CONTINUE TO COOLTougher lending restrictions on investors and interest-only loans has increased housing supply, leading to a slowdown in property prices in Sydney and Melbourne. The national median house price index fell to 0.3 per cent in December, according to CoreLogic data, and this trend is expected to continue in 2018. New residential construction is likely to stay strong, as recent building approvals flow through, but there will be a fall in the number of high-rise units released to the market — especially in Melbourne and Brisbane. BRISBANE SET FOR FIRST $20M HOME SALE 7. THERE WILL BE MORE FIRST HOME BUYERS Softening property prices, greater housing supply and government grants/stamp duty concessions (in states such as NSW, Victoria and Queensland) will see more first home buyers enter the market in 2018. In the first week of the year, HashChing noticed a considerable uptick in web traffic, with a 12 per cent increase in home loan inquiries from first home buyers compared to the same time last year. What you need to know to beat the banks when it comes to your home loan in 2018.WITH interest rates expected to head north this year — and the banks to follow suit — you’ll need to know to beat them at their own game.Online mortgage marketplace HashChing and independent consultancy Digital Finance Analytics have shared their top eight mortgage predictions for 2018.Here’s your very own home loan cheat sheet:1. MORTGAGE INTEREST RATES TO KEEP RISINGIf you’re looking to buy a home or refinance your mortgage, aim to get it finalised sooner rather than later because the consensus among HashChing brokers is that the major banks will continue to nudge interest rates higher. HashChing broker George Kozah said the average home loan standard variable interest rate of 5.08 per cent (according to Finder.com.au) could rise about 75 basis points to 5.83 per cent by the end of the year.Most economists also expect the Reserve Bank to lift the official cash rate from its record low of 1.5 per cent in the second half of this year. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE
Associated Press FABULOUS FRESHMEN: Loyola Marymount’s Eli Scott, Ivan Alipiev and Keli Leaupepe have combined to account for 49 percent of the team’s scoring this season and have scored 48 percent of all Lions points over the last five games.WCC IMPROVEMENT: The Cougars have scored 69.7 points per game against conference opponents so far, an improvement from the 76.4 per game they recorded over 14 non-conference games.KEY FACILITATOR: Scott has either made or assisted on 42 percent of all Loyola Marymount field goals over the last five games. The junior guard has accounted for 26 field goals and 25 assists in those games.THREAT BEHIND THE ARC: Brigham Young’s TJ Haws has attempted 131 3-pointers and connected on 38.2 percent of them, and is 12 for 23 over the last five games.ASSIST DISTRIBUTION: The Cougars have recently used assists to create buckets more often than the Lions. Loyola Marymount has 38 assists on 72 field goals (52.8 percent) over its previous three matchups while Brigham Young has assists on 62 of 97 field goals (63.9 percent) during its past three games. February 12, 2020 BYU looks to extend streak vs LMU Share This StoryFacebookTwitteremailPrintLinkedinRedditBrigham Young (19-7, 8-3) vs. Loyola Marymount (8-16, 2-8)Albert Gersten Pavilion, Los Angeles; Thursday, 11 p.m. ESTBOTTOM LINE: Brigham Young looks for its fifth straight conference win against Loyola Marymount. Brigham Young’s last WCC loss came against the San Francisco Dons 83-82 on Jan. 25. Loyola Marymount lost 85-67 at Gonzaga on Thursday. DID YOU KNOW: The Brigham Young offense has scored 80.5 points per game, the 13th-highest figure in Division I. Loyola Marymount has only averaged 65.5 points per game, which ranks 279th nationally.___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.com