Why Shark Attacks Have a Silver Lining
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While recent headlines about the above average number of shark attacks in the U.S. this year may have rethinking your summer vacation, the incidents could be good news for the ocean’s ecosystem.
Conservation measures implemented to prevent the decline of great white sharks are paying off, scientists have found. The global population of great whites has been in recovery since 1990.
One of the key components in this environmental success story is the passage of the Marine Mammal Protection Act in 1972. With the legislation, seal and sea lion populations began to rebound along the West Coast. Great white sharks eat both seals and sea lions and having more food available most likely boosted their comeback.
A healthy shark population makes for a more balanced ecosystem, leading to healthier oceans that support all lives, both human and non-human. Oceans produce over half of the oxygen in the atmosphere and absorb the majority of carbon in it.
The increase in the number of sharks suggests that some of the damage humans have caused in the oceans has been reversed. However, it will take a while for sharks to rebuild their populations completely. It takes sharks at least eight years to reach a reproductive age and gestation periods can last 18 months.
Even though “Sharknado: Oh Hell No!” is getting awful reviews this week, everyone should applaud this other bit of shark-related news.
Increasing Number of Americans Delay Medical Care Due to Cost: Gallup
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From Gallup: “A record 25% of Americans say they or a family member put off treatment for a serious medical condition in the past year because of the cost, up from 19% a year ago and the highest in Gallup's trend. Another 8% said they or a family member put off treatment for a less serious condition, bringing the total percentage of households delaying care due to costs to 33%, tying the high from 2014.”
Number of the Day: $213 Million
That’s how much the private debt collection program at the IRS collected in the 2019 fiscal year. In the black for the second year in a row, the program cleared nearly $148 million after commissions and administrative costs.
The controversial program, which empowers private firms to go after delinquent taxpayers, began in 2004 and ran for five years before the IRS ended it following a review. It was restarted in 2015 and ran at a loss for the next two years.
Senate Finance Chairman Chuck Grassley (R-IA), who played a central role in establishing the program, said Monday that the net proceeds are currently being used to hire 200 special compliance personnel at the IRS.
US Deficit Up 12% to $342 Billion for First Two Months of Fiscal 2020: CBO
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The federal budget deficit for October and November was $342 billion, up $36 billion or 12% from the same period last year, the Congressional Budget Office estimated on Monday. Revenues were up 3% while outlays rose by 6%, CBO said.
Hospitals Sue to Protect Secret Prices
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As expected, groups representing hospitals sued the Trump administration Wednesday to stop a new regulation would require them to make public the prices for services they negotiate with insurers. Claiming the rule “is unlawful, several times over,” the industry groups, which include the American Hospital Association, say the rule violates their First Amendment rights, among other issues.
"The burden of compliance with the rule is enormous, and way out of line with any projected benefits associated with the rule," the suit says. In response, a spokesperson for the Department of Health and Human Services said that hospitals “should be ashamed that they aren’t willing to provide American patients the cost of a service before they purchase it.”
See the lawsuit here, or read more at The New York Times.
A Decline in Medicaid and CHIP Enrollment
![Dr. Benjamin Hoffman (L) speaks with Nancy Minoui about 9 month old Marion Burgess, who suffers from a chronic heart condition, at an appointment at the Dornbecher Children's hospital in Portland, Oregon, U.S. December 6, 2017. Picture taken December 6, Dr. Benjamin Hoffman speaks with Nancy Minoui about 9 month old Marion Burgess, who suffers from a chronic heart condition, at an appointment at the Dornbecher Children's hospital in Portland](https://cdn.thefiscaltimes.com/sites/default/assets/styles/article_hero/public/reuters/usa-healthcare-children_1.jpg?itok=uE-f_9gv)
Between December 2017 and July 2019, enrollment in Medicaid and the Children's Health Insurance Program (CHIP) fell by 1.9 million, or 2.6%. The Kaiser Family Foundation provided an analysis of that drop Monday, saying that while some of it was likely caused by enrollees finding jobs that offer private insurance, a significant portion is related to enrollees losing health insurance of any kind. “Experiences in some states suggest that some eligible people may be losing coverage due to barriers maintaining coverage associated with renewal processes and periodic eligibility checks,” Kaiser said.