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Real Costs
Thursday, Mar 19, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Recently, ads on Capitol Fax have distorted the facts about the Illinois Low Carbon Portfolio Standard (LCPS) (HB 3293/SB 1585). Let’s set the record straight. Myth: “This LCPS will cost consumers $1.5 billion over five years. Just let the plants close.” The closure of three of Illinois’ six nuclear facilities could cost the state:
• Nearly 8,000 highly skilled jobs. • More than $300 million every year in higher energy costs statewide • $1.1 billion per year due to increases in carbon and other pollutants • Hundreds of millions of dollars to construct new transmission lines Illinois consumers and communities cannot afford these catastrophic losses and added costs. The Illinois Low Carbon Portfolio Standard (HB 3293 / SB 1585) is a market-based “all of the above” energy plan for our state that would help preserve Illinois’ nuclear facilities. Illinois nuclear energy facilities are essential low-carbon, economic engines for our state, providing the following benefits:
• 28,000 jobs across the state (directly and indirectly) • Nearly $9 billion into the Illinois economy annually VOTE YES ON HB 3293 / SB 1585 Learn more at www.NuclearPowersIllinois.com
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Editorial: “Don’t fall for Exelon bailout”
Thursday, Mar 19, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Editorial boards are sounding the alarm about the Exelon bailout bill. Crain’s Chicago Business: “THIS ‘MARKET SOLUTION’ ONLY BENEFITS EXELON”
Chicago Sun-Times: “EXELON MUST MAKE CASE FOR BAILOUT”
Belleville News Democrat: “DON’T FALL FOR EXELON BAILOUT”
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Ask the Insurance Industry “Where’s the money?”
Thursday, Mar 19, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Two recent studies published by NPR/Pro Publica and the federal Occupational Safety and Health Administration (OSHA) show that nationwide, insurance companies have kept any cost savings from recent workers’ compensation “reforms” for themselves, with profits climbing to 18 percent in 2013 – while middle and lower-income families and taxpayers are paying the price. In 2011 Illinois enacted its own workers’ compensation “reform” package aimed at lowering costs for businesses. Workers gave up longstanding rights and in return, insurance companies were to be transparent with pricing and pass savings along to employers. As it turns out, only the workers kept up their end of the bargain. The National Council on Compensation Insurance (NCCI) is an independent, non-partisan agency comprised of insurance professionals licensed by the Illinois Department of Insurance to assess workers’ compensation in Illinois and make premium rate recommendations to insurers. Since 2011, NCCI has recommended insurance premium reductions totaling nearly 20 percent. The 2011 reforms were projected to save insured employers nearly $1 billion assuming the insurance industry would fully adopt the NCCI recommendations. The insurance industry’s failure to fully implement NCCI recommended rate reductions has prevented Illinois insured employers from realizing any meaningful savings. No matter how many benefits are cut, medical reimbursements are lowered, and claims are denied, the state’s businesses won’t see corresponding savings without our leaders addressing the promises previously broken by the insurance industry. For more about workers’ compensation, click here.
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Credit Unions are a Smarter Choice
Thursday, Mar 19, 2015 - Posted by Advertising Department
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