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Bernard Madoff, convicted of running an $65 billion Ponzi scheme, was sentenced to 150 years in jail. What’s your take on his punishment?

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About right.
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The Kiplinger Washington Editors
July 2, 2009
 

Overhauling
Financial Regs

By year-end or so, Congress will give the nod to a major rewriting of the nation's financial regulatory system. This week’s Kiplinger Letter explores whether the package will do more harm than good and what lawmakers are likely to include.
 
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I just attended a franchise seminar. The speaker represents a few hundred franchises that (he says) are hand picked. He has the prospect (aka victim?) answer some questions about themselves then he makes recomendations - based on your personality, capital situation, etc.. If you pick a franchise, then he does some due dilligence for you. If you both decide it's a good idea, he helps you get started. He says he offers this service free of charge, which means he gets a commission if he's able to sell you a franchise. Has anyone done this? Successfully? Unsuccessfully?
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Quiet Revolution Under Way at Some Family Medical Practices

Spurred by competition from miniclinics, many physicians are redesigning their offices for "patient centered" care.
 
 

Family physicians are working to make their practices more patient-friendly. To improve access for patients, practices are expanding their hours during the week and offering weekend appointments. Many practices will offer "fast track" programs, where patients are promised that they will be seen by a doctor within 30 minutes of their appointment time. The tradeoff is that there is no guarantee which physician in the practice will see them and they can't tack on other medical issues to the visit. "Patients must focus only on what they came in for and nothing else," says Dr. James King, president of the American Academy of Family Physicians.

Competition helped bring about the new emphasis on improving patient care. Retail clinics are spreading rapidly across the country. Located mostly in pharmacies and other retail establishments, they allow patients to drop in for routine care, usually provided by a nurse practitioner. "This trend is causing primary care to wake up. Why not have the nurse practitioner in your office rather than in the corner drug store?" says Dr. Terry McGeeney, CEO of TransforMED.

Other changes are also coming. They include patient Internet portals, so that patients can log on to see their lab results, check their medical records, request a prescription drug refill, etc. Also, some physicians are testing e-visits, which allow for patients to discuss minor problems like a sore throat with a physician online. If the doctor thinks a personal visit is needed, there no charge for the online consultation. Otherwise, it's about $20.

Group appointments are also being offered. After meeting individually with a physician, groups of five or six patients with chronic conditions like diabetes will meet with a nurse or nutritionist for education and to discuss concerns. "We find that patients are much more likely to open up about their challenges and offer moral support to each other in the group," says McGeeney.

The redesigned office will also focus on increasing efficiency. Practices will increase their use of "physician extenders," such as physician assistants for more routine medical tasks, or the use of other employees in the practice, such as nurses and dieticians so that physicians are freed up for more complicated medical tasks. McGeeny says, "Doctors need to focus on doctor stuff, not looking for Rx samples or running to the copier machine."

There will be a greater use of software that alert physicians of best practices for certain ailments and to help avoid medical errors. Use of technology also will help providers schedule reminders to send out to those with chronic conditions. For example, prompting diabetics about getting their feet and eyes examined.

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