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COASTIE
Joined: 10 Jul 2006
Posts: 2590
Location: San Jose, CA
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 Posted: Oct 12, 2009 09:29 Post subject: New Bill Would Raise Rates, Says Insurance Group |
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New Bill Would Raise Rates, Says Insurance Group, Washington Post, 10/11/2009
| Quote: | New Bill Would Raise Rates, Says Insurance Group
Note: This is a statement from "America's Health Plans" -- the insurance industry's lobbying group; the same people who brought us Harry and Louise
After months of collaboration on President Obama's attempt to overhaul the nation's health-care system, the insurance industry plans to strike out against the effort on Monday with a report warning that the typical family premium in 2019 could cost $4,000 more than projected.
The critique, coming one day before a critical Senate committee vote on the legislation, sparked a sharp response from the Obama administration. It also signaled an end to the fragile detente between two central players in this year's health-care reform drama.
Industry officials said they intend to circulate the report prepared by PricewaterhouseCoopers on Capitol Hill and promote it in new advertisements. That could complicate Democratic hopes for action on the legislation this week.
Administration officials, who spent much of the spring and summer wooing the insurers, questioned the timing and authorship of the report, which was paid for by America's Health Insurance Plans (AHIP), an industry trade group.
"Those guys specialize in tax shelters," said Nancy-Ann DeParle, director of the White House Office of Health Reform. "Clearly this is not their area of expertise."
At the same time, White House officials were forced to retreat from plans to tout Republican endorsements of Obama's top domestic policy initiative. White House Chief of Staff Rahm Emanuel instructed the Democratic National Committee on Sunday to withdraw a pro-reform television commercial featuring former Senate Republican leader Robert J. Dole, after he objected that his words were being used for partisan purposes.
The developments came as administration officials were beginning to boast of fresh momentum in the drive to remake the nation's $2.4 trillion health sector. Senate Finance Committee Chairman Max Baucus (D-Mont.) has expressed confidence he has the votes to pass his 10-year, $829 billion legislation out of committee on Tuesday, enabling party leaders to prepare a final bill for floor debate.
"What's remarkable is not that we've had a spirited debate about health insurance reform, but the unprecedented consensus that has come together behind it," Obama said in his weekly radio and video address.
The frontal assault, though not unexpected, was an illustration of the challenges that lie ahead as the president attempts to deliver the sort of health-care overhaul that has eluded his predecessors for decades. Though open to dispute, the analysis is certain to raise questions about whether Obama can deliver on his twin promises of extending coverage to millions of uninsured Americans while also curbing skyrocketing health-care costs.
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princyjoshu
Joined: 02 Nov 2009
Posts: 1
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| Posted: Nov 02, 2009 10:10 Post subject: re: |
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thanks for sharing it with us
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qualheima
Joined: 13 Nov 2009
Posts: 1
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| Posted: Nov 18, 2009 01:02 Post subject: |
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How does rental car insurance offered by credit card companies (when you use the card) work? I have credit cards which say they cover me for rental car insurance when I use the card to make the full payment for the rental. How does that work? Are there any catches? Does it make sense for me to get the additional insurance from the rental agency (like Avis)? If I am in an accident, will the Credit Card insurance cover everything or will it also be charged to my regular car insurance company?
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| Posted: Nov 20, 2009 20:01 Post subject: |
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