Comptrollers DiNapoli and Thompson Analyze Wall Street Meltdown: Implications for New York State Economy

BALCONY Hosts Financial District Breakfast Forum

BALCONY, the Business and Labor Coalition of New York, will host a Financial District forum on Thursday, December 11th on the Wall Street Meltdown: Implications for the New York Economy featuring New York State Comptroller Thomas P. DiNapoli and New York City Comptroller William C. Thompson, Jr.

The breakfast briefing will take place at the United Federation of Teachers, 52 Broadway at Exchange Street, fifth floor conference room in Manhattan from 8:30 am to 10:00am. Registration will begin at 8:00am.

View the press release, details, and sponsor list: Forum

GOVERNOR PATERSON ACCEPTS FINAL REPORT FROM THE COMMISSION ON METROPOLITAN TRANSPORTATION AUTHORITY FINANCING

Says Recommendations Reflect Sound Public Policy and a Viable Proposal for Maintaining Region’s Transit System

Asks Counsel to Draft Implementing Legislation

Here is the link to news release: http://www.ny.gov/governor/press/press_1204082.html

UnitedHealth to Insure the Right to Insurance

by Reed Abelson

For these economically uncertain times, the UnitedHealth Group has a “first of its kind” product: the right to buy an individual health policy at some point in the future even if you become sick.

Called UnitedHealth Continuity, the product is not actual medical insurance, but is aimed at people who may have insurance now but are worried they may lose it — and may not be able to obtain replacement insurance on their own. They may expect to retire early, for example, before they qualify for Medicare. Or they are worried about the possibility of losing their job and their health coverage.

People who are already sick will generally not be eligible for the new product. Those who do pass a medical review, will pay 20 percent each month of the current premium on an individual policy to reserve the right to be insured under the plan at some point in the future.