Personal Finance Daily: Health-care system is corrupt, unfair, doctor says

Personal Finance Daily NOVEMBER 07, 2011 Health-care system is corrupt, unfair, doctor says By MarketWatch Don't miss these top stories: The U.S. needs a health-care revolution now A co-worker is the boss's pet? Here's how to deal Car Review: 2012 Cadillac SRX Best ideas can be the worst investments The U.S. health-care system is expensive, unfair, dangerous, corrupt and inefficient. Plus, it's a body shop focused on fixing our sick parts rather than preventing problems — serious ills such as diabetes and obesity — before they occur. So says one doctor, an 81-year-old geriatrician, professor of medicine, author and marathon runner. Read Kristen Gerencher's profile of Dr. Walter Bortz today for more on his take on the problems facing our current health-care system and how we can get out of this mess. (And don't miss the second part in this two-part profile Tuesday, when Kristen details Bortz's strategies for living to age 100.) Plus, check out Ruth Mantell's column today for a look at the most common type of misconduct employees say they see around the office: preferential treatment. If one of your co-workers is the boss's best friend forever, read Ruth's column today for strategies on how to deal. — Andrea Coombes , Personal Finance editor The U.S. needs a health-care revolution now Health care in the U.S. has become a "body shop" so focused on protecting the profitable status quo that it's all but turned its back on protecting public health through disease prevention, according to Dr. Walter Bortz, a geriatrician, author, professor and, at age 81, a marathon runner. His diagnosis of modern medicine isn't pretty. Read more: The U.S. needs a health-care revolution now. A co-worker is the boss's pet? Here's how to deal Watching the boss let a favored colleague head home early from the office, yet again, can be galling for those left behind. Also pretty annoying: the buddy-buddy chats by the water cooler. If you've noticed that a co-worker is your boss's pet, you're not alone. Here are strategies for dealing with the situation. Read more: A co-worker is the boss's pet? Here's how to deal. Car Review: 2012 Cadillac SRX Cadillac's pampering crossover SUV is a case of deja vu all over again. Read more: 2012 Cadillac SRX. Best ideas can be the worst investments A Mutual fund that highlights the difference between what funds are selling and what investors need and ultimately get. Read more: Best ideas can be the worst investments. Rest easy in crazy market October is a vivid reminder of what has become a fact of life for stock investors: It's crazy out there. And it seems to be getting crazier all the time. Read more: Rest easy in crazy market. ECONOMY & POLITICS SEC narrows options on money fund reform The Securities and Exchange Commission is considering two approaches to ensure the $2.7 trillion money-market fund industry can take care of itself during future financial crises, agency chairman Mary Schapiro said. Read more: SEC narrows options on money fund reform. Banks put brakes on easier credit, Fed says Fewer U.S. banks have eased standards on business loans in the third quarter than in prior quarters given the uncertain economic outlook. Read more: Banks put breaks on easier credit. Unguaranteed Fannie bonds may yield double-digits A proposal floated by the Obama administration and Freddie Mac to induce private mortgage investors back into the single-family loan industry likely would need to offer double-digit yields to entice buyers, analysts say. Read more: Unguaranteed Fannie bonds may yield double-digits. INTERNATIONAL NEWS Berlusconi pressured as crisis threatens Italy Prime Minister Silvio Berlusconi resists pressure to resign as government borrowing costs spike to euro-era highs, underlining fears that Italy's economy could be engulfed by the euro zone's debt crisis. Read more: Berlusconi pressured as crisis threatens Italy. Papandreou to quit as Greece forms new government Greek Prime Minister George Papandreou said he will step down once agreement is reached on new coalition, according to reports. R Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2011 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111