tricare has gone up from 29% to 52%. the percentage of those people who have private health insurance has deceased from 44% to 19%. we're seeing all of these trends that are putting enormous amounts of pressure. all of this has been paid for up until now opt national credit card because all of the iraq and afghanistan expenditures have been paid for through debt. it's as if we had a giant credit card and we've maxed out and reached the limit and the issue is the ending the massive war expenditures which have been massive and not terribly thoroughly vetted which have enabled us to really pass through and fudge and have a lot of money washing around the pentagon which could be used to pay for various kinds of things. sequestration could be considered on top of that as if we now have a payment plan and a cap because of all of the debt that we racked up. i think it's important to think about it in that way. secondly to your question, i think we need to consider the increases in military personnel and particularly tricare cos

so over the period, percentage of people who are eligible to go into tricare, who actually are in tricare has gone up from 29% to 52%. at the percentage of those people who have private health insurance has decreased from 44% to 19%. so we are seeing all of these trends which are putting enormous amount of pressure. all of this has been paid for up until now on the national credit card because all of the iraq and afghanistan senators have been paid for through the day. it's as if we've had a giant credit card and all of a sudden we've maxed out, reached the limits an issue is not so much sequestration but the issue is the ending of these massive iraq and afghanistan war expenditures which have been massive and not terribly thoroughly vetted which is enabled is really to surpass through and fudge and have a lot of money washing around the pentagon which could be used to pay for various kinds of things. sequestration can be considered sort of on top of that, as if we now have a payment plan. we now have a cap in order, because of all of the debt we racked up. i think it's important to think

tricare, has gone up from 29% to 52%. and the percentage of those people who have private health insurance has decreased from 44% to 19%. so we're seeing all of these trends, which are putting an enormous amount of pressure. now, all of this has been paid for up until now on the national credit card. because all of the iraq and afghanistan expenditures have been paid through for debt. it's as if we have a giant credit card, and all of a sudden we've maxed out and reached the limit. the issue is not sequestration, but the massive iraq and isn't but the massive iraq and afghanistan war expenditures, which have been massive and not terribly thoroughly vetted which the naval does to pass through and fudge and have pass through and fudge and have a lot of money washing around the pentagon, which could be used to pay for various kinds of things. sequestration can be considered sort of on top of that, as if we now have a payment plan. so we now have a cap in order -- you know, because of all of the debts that we've racked up, so

tricare, has gone up from 29% to 52%. and the percentage of those people who have private health insurance has decreased from 44% to 19%. so we're seeing all of these trends, which are putting an enormous amount of pressure. now, all of this has been paid for up until now on the national credit card. because all of the iraq and afghanistan expenditures have been paid through for debt. it's as if we have a giant credit card, and all of a sudden we've maxed out and reached the limit. the issue is not sequestration, but the massive iraq and afghanistan war expenditures, which have have been massive and not terribly thoroughly vetted, which have enabled us to really pass through and fudge and have a lot of money washing around the pentagon, which could be used to pay for various kinds of things. sequestration can be considered sort of on top of that, as if we now have a payment plan. so we now have a cap in order -- you know, because of all of the debts that we've racked up, so i think it's important to thib it that way. seco

so the change in that differential has not surprisingly driven a very high increase into tricare for those who are eligible. so over the period, the percentage has gone up from 29% to 52%. so the percentage of people with pry vault health insurance has decreased from 44% to 19 pnts. so we're seeing all of these trends which are putting an enormous amount of pressure. so it's as if we've had a giant credit card and all of the sudden, we've maxed out. we've reached our limit. it's enabled us to pass through and fudge having a lot of money and watch through the pentagon. sequestration can be considered on top of that as if we now have a payment plan. so we now have a cap in order to -- because of all of the debts that we've racked up. so i think it's important to think about it in that way. secondly, and to your question, i think we need to consider the increases in military persz nel, particularly tricare costs, together with the increases in the department of veterans affairs and social security and elsewhere. that is an enormous increase. some of the proposals on the hill right now w

restructure their debts or loans that they've made to the poet corporation and if that doesn't work we're tricare is basically a very small amount of approval less than forty percent of the creditors to approve it which is very low but it's out for us this doesn't work it would move to the litigation of a court based process where. the public corporation would lay out what their liabilities are and work with the judge in the court setting to restructure those we believe. puerto rico clearing house and others other attorneys in than some of the litigants here that that x. seventeen when the recovery act is not constitutional and there's the possibility the federal court will strike it down. so this move effectively makes these public corporations stand on their own if it forces them to be self-sufficient if you will so the demise of one public corporation doesn't contaminate the finances of others is how i see it or of puerto rico geo bonds is that correct. that's actually ray and jim point to recognize these public corporations or sensual services in puerto rico the primary when you just question

it's a tricare program for support of the one guy gets seven weeks to work it out.ne guy gets for weeks to work. and along comes the guy was like about earlier, adam schuman. this moment arrives where it's clear he needs help. the seven-week program is full with a waiting list. the four-week program is full with a waiting list, so this caseworker looks around and finally finds this little thing in northern california that's not va, that's not tricare. it's entirely donor supported, and i got the runs that says yeah, okay, you can come here but the deal is four months minimum, and just as long as it takes to just tear it apart and figure it out. seven weeks, four weeks, at least four months. and it's where you go isn't dependent on your particular peculiar needs for recovery. it comes down to where there's an opening, and i tried awfully hard, and they think i succeeded, at keeping my own opinions out of these books. they are not my stories. they are the stories of the soldiers and families, but i think it's pretty fair to say that if i had a kid who served and then

be it medicare, tricare, private insurance, many who are federal employees. when they drop that, they would immediately go into the va system for two years. i want to ask you to stop and think about that for just a second. to a veteran on medicare, they're going to drop their medicare, go into the va for two years and then pay the penalty to get back into part "b" medicare? for an employee who has private insurance they're going to drop their insurance and leave their spouse uncovered because they see some advantage to being on va? it's estimated that 90% of those veterans who are eligible but not enrolled in va have less than 50% disability rating. the threshold to where it's va care comes without a co-pay. these are individuals who have already made a determination that the coverage that they're under is the best coverage that they could have. if not, they would be enrolled in the va today. so, the fact that cbo now says with just the execution of this minor reform legislation it would trigger 8 million people into the system that don't exist today but are