The number of losses the bank the USA reached a record 184 last year, and it is anticipated that approximately the same in 1988. Accordingly, the Federal Deposit Insurance Corporation is under pressure to find creative ways to rescue not keep banks and depositors in as little as possible costs.

The State of Alaska, it turned out, the laboratory of the Agency for some innovative approaches. In a recent transaction that F.D.I.C. to find a way of the merger of two banks in the absence of Alaska, and then sell the combined unit, without the care of troubled banks portfolios of bad loans. In the past, deals of this kind - a very similar in Texas - The Agency was responsible for the management of hundreds of millions of dollars in nonperforming loans.

Alaska is a major challenge for the FDIC in part driven by the low number of banks. Last June, the 15 banks. Since then, two failures and two finals dissolve itself, so that only 11 Normally, insurance and guarantees the agency provides for the health of banks, no, but its ability to do that in Alaska has been limited .

Alaska has also been difficult for FDIC because of the destruction of its economy as a result of declining energy prices since the early 1980’s. Indeed, because its economy is less diversified, Alaska was seriously injured more than Texas and Oklahoma.

Last October, F.D.I.C. could not be found a buyer for the National Bank of Alaska North, had assets of $ 215 million. The best she could do, deposits at the National Bank of Alaska, the state’s largest bank, makes it easier, in a technical sense, for the FDIC that payments to the Bank failure of applicants.

He was more successful in December, as the first bank Inter State of Alaska, with $ 375 million of assets, has failed. It was in collaboration with the National Bank of Alaska.

But the F.D.I.C. has had more problems still pending with the failure of two major banks in Anchorage, Alaska Mutual Bank, Anchorage, with assets of $ 609 million, and the United Bank of Alaska, with assets of $ 332 million.

F.D.I.C. Officials asked not identify, said the agency was created by the Hall Wood Group, a distributor of Cleveland-banking firm that specializes in the purchase and resale deeply distressed.

But Wood Hall, wanted to buy two banks, and not just one. Under the transaction, which F.D.I.C. agreed to spray $ 295 million in cash and a new banking entity, the bank named the Alliance for the strengthening of capital, with Wood Hall injection of $ 65 million. ”The singularity of the transaction is that the FDIC cash in the bank, but not to take any difficulties in assets, an agency official de”dit. Le”F. D.I.C. 300 is not dumping on the market for houses,”he said referring to the resale on the mortgage market late, that perhaps was the case when he is on the assets of problem. The F.D.I.C. official indicated that private property Wood Hall group would be less likely to quickly eliminate the problem of assets.

The official website claims that, even with $ 295 million in cash flow, this approach Agency costs less, as it should, if banks were not authorized and insured depositors have been paid.

Wood Hall expected to reach its $ 65 million through the sale of stocks investors. Current shareholders would be reduced to nil, but given the first crack in camps are offered by Wood Hall. Wood Hall, trying to sell shares not sold to other investors.

But the stock market jump record by nearly 19 October scuttled regulation because it was not clear whether Wood Hall, the $ 65 million.

As the most populous state of a nation and its rich, California is a lucrative market and as large as the industry suffers almost entirely succeed.

This is perhaps the reason Californians are confident, almost arrogant, to rewrite the rules, such as business in the state. The last, the sense of barbed wire is the insurance industry. In a decision closely followed this month, the California Supreme Court upheld key provisions of an initiative to vote by voters in November reinforced that the public control over the economy, and could be a catalyst for change across the nation.

The judgement confirmed the mandate of voters in a reduction of 20 percent or more by automobile and other damage and accident insurance business ensembles, even if at the same time a gap can admit that many insurers d to escape the operation. Perhaps even more important in the long term, the judgement opens the way for a system of strict rules under the insurer for the first time, are forced to justify every penny free and every penny they make.

For industry, the ruling was a victory in this, it was not so serious a defeat, as it could have been. After issuing dire warnings, it would have on the state, if the action of the rate cut’s provisions have been followed, most insurers have found they can live with him in the form of court.

Even more than the approval of voters Proposition 103, the Court of Justice on May 4 generated national interest. The rising price of a car in particular, economic and political problem in most countries, although many do not yet have a ballot, as a mechanism of the initiative in California.

Harvey Rosenfield, protected by Ralph Nader, is the leader of the revolt of voters, the group in California, sponsored by the initiative, said he heard groups in 44 countries.”I can not tell you how gravity on,’’says A Rosenthal Field,”but according to the number of calls, it is clear that, within five years, the assurance of any nation is to reform radically.”

In New Jersey, where countless attempts to modify, seem to have nowhere that is a big problem in a year that the gubernatorial race. Last month, two groups announced in New Jersey, an effort inspired by Proposition 103, at a place outside the referendum on the ballot, voters November whether they support a reduction of 20 percent in prices. Anger in PA

Constance Foster, Insurance Commissioner in Pennsylvania, said there is no question that Proposition 103 has recalled the judgement. ”If ever the dissatisfaction of public opinion is based steam, and now it was only a volcano,’’she said. ”It is obvious that the legislation in question to try to move some of the same means as 103 Proporta”

Californians, either by election ballot initiatives or legislative regulations, rules for many sectors. At the same time, it approved the Initiative insurance, the voters of a sharp rise in cigarette taxes for money for medical research. Last year, the state began implementing a law by voters, labels alerting potential exposure to toxic substances. In the spring of this year, air pollution authority Southern California approved a plan that calls for virtually every company doing business in the region of some price to pay to help clean pollution.

Most of Proposition 103 focused attention on automobile insurance rates for the whole country are still in New Jersey and Alaska’s, in Los Angeles are almost the highest in the country. But Proposition 103 is also valid for homeowners insurance and in most cases commercial and abuse. It does not affect life insurance or Workers’ Compensation.

Proposition 103 requires that a elected insurance commissioner, to replace the commissioner would be appointed by the governor, from next year. The commissioner would have broad powers to audit the financial records of all insurers, the rate increases.

The California Supreme Court, ruling on compliance with key provisions of the comprehensive insurance reform initiative that has been raging debate on the issue, making a fair profit for insurance companies.

Even when it strengthens the efforts by consumer demand in other countries to reduce insurance premiums, stopping met on Thursday as an unconstitutional provision, the insurer would have been released by the initiative rate charge procedure if it einer”erhebliche threat of bankruptcy. Instead it”, the insurer reserves the right to earn a return”,” the Tribunal said, and the rate should be.

But the court gave no definition of “fair return” in fact happen that the question of insurance commissioner of State, Roxani Gillespie. Carey Fletcher, a spokesman for the California Insurance Department, said that the Department was still studying the problem and that Ms. Gillespie, was on holiday in the country, had not yet reached any conclusions.

Accordingly, it remains unclear if the insurer in California, the nation’s largest insurance market in late reduce their tax rate of 20 percent or more, that the initiative requires.

While the Court’s decision is resolved, the industry is much stronger than in California, Ms. Gillespie’s approach is crucial for determining the initiative on the financial impact of industry, leaders, defenders Consumers and analysts said Friday. Terms of Rollback

The initiative Proposition 103 was passed by voters in November last year and immediately challenged before the court on insurance economics, who said the limits would be that many companies lose the money and curbing the activity in the state.

The initiative called for the restoration rate of 20 percent or more by automobile and other forms of damage and accident insurance business, including homeowners and most of the communications and abuse. The initiative has no impact on life insurance or Workers’ Compensation.

The insurance industry takes approximately $ 22 billion per year in California from premiums of the policy concerned by the initiative. The auto insurance is almost half that figure. Typically, California, the nation’s self-insurance third highest, behind New Jersey and Alaska.

D’hope they can prove their prices are not excessive, many insurance companies, their operations in California, said last week they would be under their premiums and Ms. Gillespie Petition for an exemption. Among them was the State Farm Mutual Automobile Insurance Company, the largest state of self-insurers, Aetna Life and Casualty Company and the Farmers Insurance Group of Companies. No company is known only to reduce their premiums, after the decision.

”I think there will be no rate operation of auto insurance companies,’’said William B. Snyder, president of the government commission staff Insurance Company, another large insurer in California. What is fair? The debate on what should be the performance of a complex and controversial and could lead to that more legal recourse is excluded. Insurers and the sponsors of Proposition 103 differs considerably in the right standard.

Said one analyst, it would be almost impossible, a single standard for a “fair return”, which would be reasonable and fair. For one thing, inefficient companies with higher costs of operations, can take their low Return on Equity as a justification for premium increases, the bottom line is rewarded for mismanagement.

In addition, certain types of insurance can be more profitable than others. The industry argues that, for example, auto insurance is at best marginally profitable in California, many companies are losing money. Given that several companies offer several lines, it would be difficult to find a fair profit default for all.

The Federal Deposit Insurance Corporation announced today that it has a package to rescue the Alaska’s two largest banks in which it would be merged to a holding company and New York-based Management restructuring of concern.

The FDIC, deposits insured by the nation to investment banks, said it would merge the United States, Alaska Bancorporation Inc., a bank holding two $ 505 million in assets of $ 800 million in Alaska Mutual Bancorporation. Both have their headquarters in Washington DC, and holding that results would be the largest bank in Alaska, with more than $ 1.3 billion in assets.

The main banking subsidiaries of the two holding companies were in danger of failure of the FDIC said. The injection of cash

The F.D.I.C. said it would inject $ 295 million of cash into the holding company restructured and Wood Group Inc Hall in New York would be another $ 65 Millionen”aus private investors, it is anticipated that assumption,”control of the bank.

But the agency said it would not be controlled by one of the banks’ bad assets, as he usually does when it comes to an institutional failure.”Bank of new investors and Managers expected that implement their own strategies for the management of poor quality assets,’’said the agency.

The FDIC, to wash their hands with nearly $ 11 billion of assets must be liquidated agitated, more and more often leave the dispute poorly assets with banks restructured to reduce its own costs. Another Resuce Wood Hall

This is the second time this year that the Hall Wood Group, a concern Merchant Banking in New York, which specializes in the difficult restructuring of the company, it is the issue of a non-banking institution.

In February, he agreed to participate in a similar bailout the Dallas BancTexas Group, a bank holding company. In these two transactions, Wood Hall agreed to find investors, especially in large institutions - for positions in the “failing banks. The group of executives to consider the management skills and you will receive a 12.5 percent nonvoting shares ordinary as compensation.

Outsourcing Alaska, Wood Hall is a right issue, firstly, the former shareholders of both credit institutions and institutional investors. Shareholders would be effectively eliminated, the FDIC said.

In return for its $ 295 million, which FDIC east warrants would represent 20 percent of the new holding company of the reserve.

Some government officials have said both the civilian settlement of $ 385 million and $ 101 million in criminal fines were the largest in five years a campaign against fraud in connection with blood and other laboratories heather companies.

The campaign has made more than $ 2 billion to the disease-Trust-Fund since 1995, said June Gibbs Brown, general of the Department of Health and Human Services. The oldest settlements include $ 379 million of National Medical Enterprises, a hospital chain $ 325 million from a laboratory unit of Smith Kline Beecham, and $ 255 million First American Health Care, a laboratory with a seat in Georgia .

Fresenius, based in Bad Homburg, Germany, offers services for the purification of the blood of more than 60000 Americans with kidney problems. The royalty payments at issue, government programs, not the quality of care provided to patients.

Ben Lipps, an American, he is CEO of Fresenius, said the company was pleased to see the page in disputes with the Department of Justice, Medicare and Medicaid and government programs Inspector General’s office. Fresenius is still in discussions on payments of its communications with insurance companies, he said.

In the settlement the company agreed court convicted criminal conspiracy with three charging units: Life Chem Laboratories Inc., NMC Home Care Inc. NMC Medical Products Inc.

The three units were charged with conspiracy to defraud the government by paying royalties for food intravenously disputed dialysis patients, charging fees for blood tests is considered unnecessary and a violation of the Anti - Kickback laws, using the payments, discounts, Yacht trips and excursions hunting bears in Alaska to win potential customers for life blood tests Chem.

The government has declared the complaint unit of home care patients wrongly attributed to weight loss of kidney problems. In one case, he said, weight loss, amputation of the leg of a patient misattributed.

Fresenius Three former officials were indicted in Federal District Court in Boston in the investigation. You are K. Glenn Shaw, former chairman; Louis Verde, a former director of products and Eileen B. Aird, former president of the Life Chem.

Margaret S. Telgheder, a former executive of medical products and laboratory, units, convicted of Medicare fraud charges last June. David Charles Weber, former Vice President to medical products, guilty Kickback charges in December 1998. They have not been convicted.

Fresenius”geerbt”die investigation, “said Lipps, when it bought National Medical Care of WR Grace & Company in 1996 for $ 4.4 billion. Mark W. Pearl Stein, first assistant prosecutor USA in Boston, said Fresenius had with investigators.

The company, which had approximately $ 3.6 billion in 1999 revenue, sold the home care. He concluded Chem Life and NMC Medical Products units under the agreement and transfer its functions to society Spectra laboratories of the German unit and the parent company of its own products.

Nine people, presented the whistle-blower litigation in connection with the consideration of obtaining $ 65.8 million of the civilian settlement. He is a former employee care unit at home in Mexico, Monday, and a pharmacy in Key West, Florida, in competition with the National Medical Care

According to the False Claims Act, alarm bells and their lawyers, they are up to 30 per cent of settlements in federal carried out as part of his remuneration, “said Judy Wood, a spokesman for the Inspector General’s Office.

Ms. Gibbs said Fresenius agreed to install a rigorous program integrity, including testing and training specific to eight years to avoid a repetition. Fresenius hired Jean-Marc, a former compliance with the executive at Oxford Health Plans, to head the new program integrity.

The gap has in the past five years, and President Clinton on health plan could, furthermore, the group said, the doctor Payment Review Commission. In 1989, Medicare pays 68 percent of doctors as much as private insurers paid.

The 13-member Commission, founded in 1986, Congress deliberates on paying doctors under Medicare and Medicaid, which account for more than 65 million people. Commission recommendations are taken seriously Congress, who has spent most of his suggestions.

Judith N. Brown, president of the American Association of Retired Persons, said: “As a retired move to a new area, they often have difficulties in finding a doctor who them. It is always difficult to find doctors , Put human beings, whether it is Medicare. “Long regarded as insufficient

Medicare has less and less generous than private insurers in the payment of doctors. But government figures show that Medicare was 85 percent to pay as much as private insurers in 1970.

Howard B. Shapiro, director of public order, the American College of Physicians, 80000 internists, said the trend is documented by the Commission, has been a concern. “Medicare payment levels are at the beginning of Medicaid payment levels”, which has long been considered inadequate, he said.

Arzthonoraren Medicaid, the Federation and the Länder for low-income people, are very different from State to State. On average, the Commission, Medicaid pays 47 percent of physicians what private insurers pay.

Medicaid payments to doctors in recent years, mainly because of a federal law that States are forced to increase payments by the paediatric cardiology and obstetrical services. A growing gap

“The doctors continue to serve as a new disease patients,” said the Commission. But he added: “The gap between the disease and payments of private insurers is more and more”, and these differences may be some access to care for patients that doctors take patients with the private sector ‘ insurance preferably before the receiver. Black, Hispanic and people with disabilities has already received the report difficulties care disease, the group said.

The gap between the disease and private insurance is partly a result of success in slowing the growth of health spending for doctors. “Such expenditure rose 4.8 per cent per annum from 1989 to 1993, compared to 12, 1 per cent per annum from 1980 to 1989. In recent years, private insurers have been much larger increases in fees for doctors as sickness admissible.

The Commission explained that stricter limit values for payments of illness of President Clinton, the divide, so that by the year 2000, Medicare, doctors pay only 43 per cent to 52 per cent of what pay private insurers. Downs and ups charges

In his report to Congress, the Commission from these points:

* A disease of taxes, occurred during the year 1992, doctors redistribution of income. The payments have increased service Friday, 17 percent for doctors and general practitioners, but only 2 percent for internists. For surgeons, payment rate of 8% decreased.

* Medicare pays 54 percent of physicians that commercial insurance companies and 69 per cent fee for Blue Cross and Blue Shield plans.

* The volume of physician services in all Medicare beneficiaries have increased on average about 50 percent from 1986 to 1993. Variations in figures

Dr. John M. Eisenberg, chairman of the Commission, said that some because of the rise was the new technology would “certainly”. For example, he says, doctors are more endoscopic procedures, the screen of the intestine of patients with cancer and many other procedures with balloon angioplasty to open small coronary arteries.

The study revealed great differences in Medicaid payments to doctors in different countries. In New York, New Jersey and Rhode Island, he said, Medicaid level of fees are about half the national average. In Alaska, Arizona and Wyoming, Medicaid charges are at least 25 percent above the national average. In Connecticut, Medicaid payments to doctors are the same as the national average.

The lobbying campaign aimed at national legislators across the country. Insurers say the changes in state laws are preferable because they greater flexibility in managing local needs.

Carl J. Schramm, president of the Association of sickness funds of America, said: “If we are to avoid, the previous Congress regime of the health insurance industry, we must show a system of public regulation . ” Increased support in Congress

Support for federal regulators is growing in Congress, where legislators are concerned about the inability of many small businesses to find or pay for health insurance for their employees. If either confederation or countries adopt such standards is important because half and two thirds of the 34 million people had no across the country are occupied by businesses with 25 employees or less.

Insurers are often reluctantly to cover small businesses, because they say workers with a serious illness or accident can be two or three beds health costs for the group.

In order to familiarize themselves with the problem, Mr. Schramm said that the industry now wants to states, laws require that insurers provide insurance for businesses 3 to 25 employees. The professional association of more than 300 commercial health insurance funds, the 15 countries where he wants to see this type of legislation during the next year. It expects to spend $ 4 million to $ 5 million for lobbying, public relations and legal work in these countries, “said Schramm.

The 15 countries are Alaska, California, Florida, Iowa, Louisiana, Maine, Massachusetts, Minnesota, New Jersey, New York, Ohio, Texas, Washington, Wisconsin and Wyoming. They represent 70 percent of 34 million people lack health insurance. “Not well”

“We recognize that the insurance market for small groups not working well,” said Schramm. If the state legislature can not guarantee access to health insurance for small businesses, ” This would be an invitation for Congress to do, “he said.

It is unlikely that Congress will be flat, significant changes in the national health system adjourning before the end of 1992. But the passage of the federal law on the revision of the insurance market for small groups is possible, for several reasons. There is little or no cost to the government. Help for small businesses is politically popular, and members of Congress want to say something they have done to facilitate the nation public health problems.

Small employers with workers sick or disabled are often difficult or impossible to obtain health insurance at prices they can afford. Many insurers use health screening to ensure that a group is healthy, before agreeing to the reports. Premiums for the group may rise, if an employee has a serious illness or accident. In addition, some insurers refuse to write coverage for small groups in certain occupations and sectors with a history of costly rights. Senate of the proposal

The assurance of the economy is a similar proposal being drafted by Senator Lloyd Bentsen, Democrat of Texas, is the chairman of the Committee on Finance.

These two proposals, all small groups, the employer would be able to private health insurance, regardless of the health problems of their workers. Insurers can not exclude individuals at high risk diabetics as a worker or an employee of the child with heart disease. Insurers may not terminate coverage of a small group, because the demand for workers was high or his health deteriorated. The proposal assurance of the economy, as Mr. Bentsen, the variation in premiums, so that insurers should be similar fee amounts to small groups with demands of experience and health status.

To finance additional costs for millions of people or serious chronic medical problems, insurers would contribute, money to a pool to disseminate widely the risk in all insurance companies serves the small group. This pool of reinsurance to finance the coverage of human beings, can not obtain. Furthermore, the pool not guarantee a company will be financially ruined by the cost of claims filed by sick people.

“It was a little frightening,” said Jermain.

It took six months to convince another bank to lend money to relocate their rescue. She was forced to pay for new inventory of their own pockets.

Robert Gray, President of National Bank of Alaska, for its roots in Midtown window and see some debris from Alaska bank collapse.

Across Northern Lights Boulevard, in the first part chosen because the Central rivals Alaska Continental Bank, steer adolescents, Go-karts for a track in a hole for the development of the Foundation. The lot was acquired and developers insert in Chapter 11 bankruptcy. Continental has failed to Alaska earlier this year, the capital of risk prevention disperse its best officers falsely accused of transferring assets bank in itself.

“It was quite shakeout,” says Gray rapid succession of closures of financial institutions in Alaska since 1986 - a decrease that among the strongest contractions of a State, the banking sector since the Great Depression.

In early 1980, an economic boom, followed by a sharp recession and overthrow the real estate values, had the effect that serious losses by half and the number of banks in Alaska, 16 to 8 during the last three years. More than half of the entire sector equity has evaporated.

The savings and loan industry in the State, never great, but all have disappeared. Only remains a healthy economy, against six in early 1986. Two others are in suspension of payment and are required to publish under conservatorship FDIC.

In schieren figures, Alaska’s Bank Chaos seems insignificant, especially when compared with, say, the great collapse of the dollar, Texas, where 206 banks from 1986 to 1988.

However, changes are in Alaska increases, because the State small population (about 530000 people in the last year) and thin economic base.

Losses in the only bank of the Alliance was $ 197 million in 1988, or $ 372 for each person in the State.

Alliance-engineered FDIC an attempt to merge three maroden and recapitalization of banks, including Alaska mutual bank, as soon as the condition of the second. The new bank has failed in April. The FDIC has estimated its costs at the Alliance Bank Deal of $ 500 million.

Hundreds of thousands of businesses and Alaska depositors have been most affected by the Fallout.

Willis Kirkpatrick, the bank’s head of state regulators, many marginal borrowers were unable new lines of credit, given that banks have their sub. “We invented a game for it,” orphan debtor. “”

Other borrowers are now managing the FDIC place of the Bank officers. The work FDIChas 130 Anchorage in the former headquarters of the United Bank Alaska.

In addition, try to collect debts Delinquent, staff is responsible for the disposal of assets acquired by the Bank will again offices and art centres patrols craft and aircraft.

Officials estimate that FDIC fortune in Alaska could total nearly $ 900 million. It is enough for companies of the third largest bank in the state, behind National Bank of Alaska (over $ 2 billion in assets) and First National Bank of Anchorage ($ 906 million).

The reasons for the collapse, as bankers advanced Alaska, Bosi and Ron Gray, president of Security Pacific Bank of Alaska, ranging from incompetence on the part of lenders too lax regulatory authorities. Although some irregularities surface, firm or fraud manifesto has little direct impact on all deeds.

“I think its unfair, say bankers were all stupid,” says Barry Hulin, a former banker Washington, has the dubious distinction of trying, two institutions Alaska condemned afloat.

“But that’s not much to say stupid does not do so,” said Hulin, president of the Federal Erste Bank, one of the insolvent in RIFTS FDIC conservatorship.

The key seems to be the participation of many Avid on a breakaway by commercial banks and the housing market, came the crash.

Government Inondé of the tax and license revenue from oil production in Prudhoe Bay in early 1980 programmes financed by the Low-Cost-ready for commercial development and residential home loan, an overheated demand for goods real estate and strengthening rapid price.

At the same time, state and local governments have taken hundreds of millions of dollars on systems guarantee bank deposits in Alaska, loans from officials of the money, the need for participation on the property market with a sort of blind optimism that most of its religious fervency.

In a press release on Friday Soldotna residence Kurt Olson said he had made a statement on the candidacy of Alaska Division of Elections, on Friday and the wolf is a challenge August 24 Republican primary school.

“My platform for fundamental research,” said Olsen. “This state needs resources to the development of jobs and revenue services. The Kenai Peninsula is particularly dependent on resource development, and I promise to work hard to North Slope natural gas to Cook Inlet. It is my priority No. 1 “.

Olson also said he would “continue to develop Cook Inlet oil and gas resources, protecting our fisheries and the development of all our businesses on the peninsula.

Olson, a resident of the peninsula since 1982, is married and has two children. He served two years on the Soldotna City before leaving for work Senator John Torgerson, later joining Wagoner legislative staff. He worked as a commercial insurance broker, as a user of seafood as a processor and Business Manager for a driving licence and food, according to the press release.

In addition to his stay in Soldotna Council and experience in legislative work for Alaska, Olson also as a board member for the Soldotna Chamber of Commerce and the Chamber of Commerce Kenai. It was as a member of the Central Emergency Services Board for eight years.

Comment on Olson’s nomination, Wolf said Saturday he is suspected Olson file.

“At the same time, it was a conversation with people and drums, to see if people would be willing to back him,” said Wolf.

He then said Olson eligible for a period of Wolf’s legislation currently in Wagoner’s Senate Resources Committee. He suggested that it would be a test on the page “to ensure that everything that can show that I have the support of the Community, there would be no more.

Among the measures Wolf resources in the Senate of a resolution on the launching of a young man suffering from hunting the week, the Committee mid-April, and another in connection with the restoration of riparian habitat, he sent today ‘hui.

An effort to reconcile the Alaska Salmon week Wolf was sponsored by the Senate Resources since 31 March.

Wolf said he wondered what had Olson for the job as adviser to Juneau. He said he was not concerned about the challenge of Olson, says he worked hard for his constituents. He also suggested running for office should be something totally try.

“It is an Eye-Opener, what happens here in Juneau,” he said. “The people of Alaska countries, greater attention should be, what wee hours of the night.”

Olson is hopeful Republican John Osborne Sr. G. of Kenai and the wolf in the quest for Republican primary in the head August. Hal Democrat Kenai Smalley has also worked for the district 33 races.

Likewise, his great power as one of the largest purchasers of medicines to the USA, bringing VA, for millions of veterans to pay only $ 7 for a maximum of 30 days a prescription. Thousands are registering for the program each month.

But of all the success, the legislature has infringed the VA models - and others like that employed by the Government of the immense power to negotiate lower prices - as they try to Americans aged Liberation rising costs of cannabis during processing, the elderly receive medical benefits.

Instead, Congress is deeply divided by ideology, from birth until the legislation would add that, for the coverage of Medicare prescription medication, but many experts say that behind the needs of elderly . The benefits cost $ 400 billion over 10 years, are too complex and too limited and that the law is partly based on mechanisms for cost control, unfounded or not.

Indeed, the Congress to release the pharmaceutical industry on the nature and cost controls in the village for virtually all other major providers of Medicare services.

“The legislation before Congress represents more than distort the reform of Medicare,” said Dr. Paul M. Ellwood, a famous political analyst of health, was one of the first proponents of Managed Care. “Instead of setting up a system easily understandable decisions on the basis of cost and quality, Congress is writing legislation, the increased complexity of the disease, it is difficult to navigate for seniors. ”

The efforts for a final agreement on Capitol Hill, distinct mixture of Representatives and Senate measures, was at the top of the agenda, as Labour Congress this week. Lobbyists of health policy and experts say that the probability that a bill comprehensive drug is in force this year seems no better than 50-50. But Thomas A. Scully, administrator of the Confederation Centers for Medicare and Medicaid Services, said yesterday that he was “95 percent that we received a Medicare bill out of Congress.”

Politics, legislation is a reason of convenience, combining the benefits of medicines, long sought by Democrats, with a Republican approach to the management of sickness and private insurance companies. To ensure the votes, the Senate was the bill with the help festooned various interest groups. It is the language which, for examples, aid chiropractors, marriage and family therapists, doctors, Alaska, in hospitals Iredell County, NC, operators of air ambulance services and many other groups.

The needs care bipartie “has resulted in a number of compromises, a hodgepodge of a bill,” said Senator James M. Inhofe, Republican of Oklahoma, against the Senate.

Michael Valentino, a manager of VA’s Drug Benefit Program, welcomed the Congress to try to help patients suffering from disease buy prescription drugs. But he added that the report could be extended if Medicare, to take full advantage of their purchasing power.

C. John Rother, AARP Director of Policy, the pressure group Americans for the elderly, said the legislation was a “real stroke of luck” for people with low incomes or high drug expenses.

“But for many others,” he said, “benefits are deemed inadequate.”

Premiums and benefits under the drug could plan, plan, state to state and year to year. The Senate and House bills once default drug coverage costs of investment and catastrophic coverage for high costs. But the beneficiary would pay all drug costs in the middle, until their Out-of-sac cost reaches a certain level - $ 3700 per year under the Senate account and $ 3500 in connection with the establishment .

Robert D. Reischauer, former director of the Congressional Budget Office, said the gap in coverage “reasonable despite political analysis and trade was not in insurance. Congress-engineered away, the drug plan costs under the limit of $ 400 billion.