Monday, April 9, 2012
Springhill CareGroup: Springhill Group Counselling
(1888PressRelease) Uncovering medicare scams latest news articles for general public to use.
U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries.
According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies. It also facilitates real-time information sharing among law enforcement agencies to aid in uncovering and dismantling Medicare scams.
“South Florida has been known as the epicenter of Medicare dupery for years,” she said. “It is time we took the fight to those who seek to defraud Medicare and prey on our most vulnerable citizens. This bill not only raises the penalties for those who engage in Medicare fraud, but also sets up a pro-active paradigm that will help stem the tide of abuse in South Florida and across the nation.”The bill takes particular aim at Medicare theft in Miami-Dade County, widely regarded as the nation’s capital of healthcare dupery. Medicare dupery in South Florida costs taxpayers between $3 billion and $4 billion every year, according to law enforcement and healthcare officials. Nationwide, Medicare and other healthcare fraud is estimated to cost $68 billion each in very year.
Saturday, April 7, 2012
News Center – Springhill Group Home Loans
News Center – Springhill Group Home Loans: Tibetan Set Himself On Fire Amid Protests
A Tibet national in India has set himself on fire and ran shouting protests through a demonstration in New Delhi on Monday just before a visit by China’s leader.
The man seems to have doused himself with a flammable substance and set himself on fire then ran past the area where speakers were protesting the visit of President Hu Jintao. He ran across the Springhill Group Home Loans venue and reached 50 meters just before he collapsed. Other activists tried to put out the flames by pouring water onto him.
At first, fellow protesters have prevented police from getting to him but the officers were able to take him away eventually. He was on fire for less than 2 minutes but most of his clothing has already disintegrated and his skin started to have black scorched patches when he was brought to the hospital.
The man sustained burns on more than 80% of his body, leaving him in critical condition. He was identified by fellow activists as Jampa Yeshi, a 27-year old exile from Tibet who had been living in India since 2010.
Chinese president Hu Jin Tao is set to arrive on Tuesday for a 5-nation economic summit in India.
Over 600 demonstrators have participated and took to the streets near the Indian Parliament to make it known that Hu Jin Tao is not welcome at the summit. Some even carried placards that say “Tibet is not part of China”.
This recent protest in New Delhi came amidst a series of self-immolation in Tibet where 30 people have set themselves on fire, mostly consisting of young nuns and monks who calls for the Dalai Lama’s return to Tibet and the ousting of Chinese rule over their nation.
Chinese government accuses the Dalai Lama of starting the protests as the latter blame the ruthless policy of China as the real reason for a number of self-immolation. The Dalai Lama fled Tibet in 1959 after a failed uprising against the Chinese rule.
China insists that Tibet has always been a part of their territory while Tibetans argue that the Himalayan region is practically independent for centuries already.
Authorities in New Delhi are preparing themselves for protests by thousands of Tibetans living in India after they were exiled. In addition, security around the location of the summit has also been stepped up while the nearby roads are set to be closed one day before the Springhill Group Home Loans meeting.
Self-immolation is a form of protest common for Tibetans who are striving for true autonomy from China.
Wednesday, April 4, 2012
Tuesday, April 3, 2012
News Center - Springhill Group Home Loan | Impact of Budget Cuts on Rural Housing and Availability
The budget cuts on rural housing finance are raising many significant questions. In the present economic situation, where federal funding for the rural housing projects is much needed, the budget cut is really distressing. According to the rural market experts, Section 538 Rural Rental Loan Guarantee Program has offered the most effective service in this regard. However, the recent budget cut is much likely to affect the proceeding of this program and home loan rate for buying a rural property.
Rural economics – Demand vs. supply
Only about 19% Americans live in rural areas. The average yearly income of a rural household is lower than an urban one. The poverty rate in the rural America is about 15%, whereas the rate is almost 13% in urban America. Section 538 by United States Department of Agriculture (USDA) is the largest mortgage lender in rural America. Till the end of 2011, the program funded about 700 rural housing projects. Unfortunately, this program has become the primary victim of budget cut. It received 130 million USD in FY 2010; while in FY 2011, the Congress appropriated only 30 million USD. The appropriation for FY 2012 is zero. If Section 538 does not get any funding in this year, the prospect of the program is going to be doomed.
Difficulties faced by rural housing development
Considering budget deficit, one can say that it is difficult to construct affordable housing units in rural areas and thereby the obvious option of rental housing comes into play. Interested banks to offer mortgage loans in less developed rural areas with limited facilities are hard to find. So only a very few affluent developers, who won’t require mortgage loans, will be left to build housing units in rural areas and rent them out. Rural Americans are switching to rental units due to the scarcity of mortgage lenders. Although some organizations like HUD are getting some interest in investing in rural housing projects, yet urban and suburban areas seem more interesting to them.
Choices other than Section 538
Present economic situation challenges the government to cut spending by all means. Section 538 is not likely to become active at this point of time, but still there are few alternatives to this popular program and those are,
A TX-based rural project with tax credit allocation has been accepted by HUD into FHA 221(d) (4) program and the borrower was allowed to pay back his mortgage over a timeframe of 40 years. The borrower got the loan with low rate of interest.
Some Section 515 apartments were preserved through 4 percent credits, bonds and also 538 guarantee. The same thing can be done with other government funded entities in place of Section 538.
Challenges are everywhere; lenders should accept the challenge of investing in rural projects. The borrowers should also come up. They must look for ways to take out home mortgage loan and buy a home in rural America.
– by Chris
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