Category Archives: Insurance Companies

Highlights of health care compromise bill

Full Story at CNN.com Washington (CNN) — Democratic congressional leaders unveiled their long-awaited $940 billion compromise health care plan Thursday, setting the stage for a vote Sunday. Here are highlights: • New health insurance subsidies would be provided to families of four making up to $88,000 annually, or 400 percent of the federal poverty level. [...]

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Public split on support for health care bill

Full Story at msnbc.com As Congress prepares for a crucial and possibly decisive vote on the fate of President Barack Obama’s health care plan, the American public is evenly divided about whether the legislation should be passed or rejected, according to the latest NBC News/Wall Street Journal poll. Americans are also split on which would [...]

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Obama slams insurers, demands health care reform

Do they really know what they are going to vote on,because of the push just to pass the bill? I don’t think any one know what is totally in the bill. We may need health insurance reform now,but is it going to fit the needs of the American people.Full Story at CNN.com Strongsville, Ohio (CNN) [...]

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Obama appeals for support on health care

Full Story at msnbc.com WASHINGTON – President Barack Obama accused insurance companies of placing profits over people and said Republicans ignored long-festering problems when they held power as he sought to build support Monday for swift passage of legislation stalled in Congress. “Let’s seize reform, the need is great,” Obama said at an appearance that [...]

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White House unveils compromise health care bill

Full Story at CNN.com Washington (CNN) — The Obama administration raised the stakes in the health care debate Monday, releasing a new blueprint that seeks to bridge the gap between measures passed by the Senate and House of Representatives last year. If enacted, the president’s sweeping compromise plan would constitute the biggest expansion of federal [...]

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Obama to urge oversight of insurance increases

Full Story at msnbc.com WASHINGTON – President Obama will propose on Monday giving the federal government new power to block excessive rate increases by health insurance companies, as he rolls out comprehensive legislation to revamp the nation’s health care system, White House officials said. The president’s legislation aims to bridge differences between the bills adopted [...]

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Government insurance option appears doomed

Full Story at msnbc.com WASHINGTON – Senior House Democrats have largely abandoned hopes of including a government-run insurance option in the final compromise health care bill taking shape, according to several officials, and are pushing for other measures to rein in private insurers. House Speaker Nancy Pelosi and other senior Democrats told President Barack Obama [...]

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Health care debate won’t end with bill’s passage, experts say

Full Story at CNN.com Arguments over the massive overhaul of the health care system — which congressional Democrats hope to pass by next month — are expected to keep shaking up the country long after the vote. Congress’ plan could be the first legislation of its kind passed along strict partisan lines. In modern history, [...]

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On Health Care, Now Comes the Really Hard Part

Full Story at CBS News It was his umpteenth health care deadline and the Senate finally helped President Obama avoid a big lump of coal in his legislative Christmas stocking. It took until the morning of Christmas eve – on the 339th day of his presidency – for him to finally get health care bills [...]

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House and Senate look to final health care talks

Full Story at msnbc.com WASHINGTON – How many Americans will get subsidized medical coverage — plus who will pay for it — will be front-burner issues when Congress returns next month to complete President Barack Obama’s health care remake. Pocketbook concerns join abortion and whether Uncle Sam should peddle insurance as the top bones of [...]

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Will the Senate health bill tame costs?

Full Story atmoney.cnn.com That growth rate is what drives federal spending on Medicare and other federal health programs. And it’s what budget experts say will pummel the federal budget in future years if nothing is done to change it. So how would the Senate bill fare in bending the cost curve from the perspective of [...]

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White House working to close benefit caps loophole

Full Story at CNN.com Washington (CNN) — After hearing concerns from patient advocates, the White House on Friday said it is looking to close a loophole in the Senate health care bill that would allow caps on annual insurance benefits. “The president has made it clear that health insurance reform legislation should prevent insurance companies [...]

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