health care

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Obama Steams as Baucus Holds Up Health Bill

(Newser) - The health care reform bill is now in the hands of the Senate Finance Committee and chairman Max Baucus won't be rushed, Politico reports. The Montana Democrat, under pressure from the White House to get a deal done, has been locked in talks to build bipartisan consensus for financing the...

Health Bill Has a Big Carrot for the Healthy

Senate measure would let employers cut premiums up to 50%

(Newser) - A measure slipped into the Senate’s health care reform bill could cut workers’ insurance costs by up to half if they eat well, lose weight, and quit smoking, the Boston Globe reports. The measure may be key to encouraging Americans to stay healthy without too much government imposition, a...

Senate Committee OKs $600B Health Bill

Party-line vote moves closer to coverage for nearly all Americans

(Newser) - The Senate health committee has cast a milestone vote to approve legislation expanding insurance coverage to nearly all Americans, becoming the first congressional panel to act on President Obama's top domestic priority. The 13-10 party-line vote advanced a $600 billion measure that would require individuals to get health insurance and...

To Fix Health Care, Fix Malpractice Mess

But that requires ignoring special interests—an unlikely scenario

(Newser) - If we’re going to reform health care, we need to contain the vast costs of a malpractice system that chiefly benefits trial lawyers, writes Philip Howard in the Wall Street Journal. As it stands, “billions of dollars are wasted in ‘defensive medicine,’” and 60% of...

Dems Propose 5.4% Tax on Top Earners for Health Care

Legislation proposes paying for coverage with a new tax on the wealthy

(Newser) - And they're off: House Democrats unveiled their bill to reform the US health care system today, the Hill reports. The bill includes a government-run insurance option to cover more than 30 million uninsured Americans and would impose new taxes on the wealthy to pay for it all, notes Politico. The...

Aug. Health Reform Looks Impossible

Divisions among lawmakers may make reaching goal impossible

(Newser) - President Obama has called for the passage of a health care bill by August—but that would require an unusually smooth few weeks on Capitol Hill, Politico reports. The Senate Finance Committee hasn’t released a version of the bill planned for early June; disagreements among Democrats in both chambers...

Obama: Time to Rebuild Stronger Than Ever

President confident that nation will emerge from recession better than before

(Newser) - Fresh off a whirlwind world tour, President Obama is turning his attention once again to his domestic agenda. In a Washington Post editorial, Obama says his administration’s “swift and aggression action has helped pull our financial system and our economy back from the brink.” But the president...

Slow Down, Obama: Baby Steps to Fix Health Care

'Low-hanging fruit' can save us cash with little political fallout

(Newser) - President Obama has managed to achieve an impressive amount in his first few months in office—but “even liberals” are starting to get worried about cost, writes Michael Kinsley in the Washington Post. Health care reform, while needed, is vastly expensive. Maybe now’s the time to slow things...

Stocks Tread Water; Dow Up 5
 Stocks Tread Water; Dow Up 5 
MARKETS
Jul 9, 2009 3:12 PM CDT

Stocks Tread Water; Dow Up 5

Goldman Sachs rises, Pfizer falls

(Newser) - The stock market indices swung back and forth across a narrow range today as financials enjoyed advances but the health care sector declined, the Wall Street Journal reports. Goldman Sachs was up 3.69% after Bank of American Merrill Lynch upgraded Goldman shares from “neutral” to “buy.”...

Reid's Refusal Leaves $320B Health Care Hole

Dems may look to income tax hike to cover cost of public option

(Newser) - Harry Reid met with Republicans yesterday to diffuse some of his tough talk on health care reform, but as Politico reports, the Senate majority leader has forced a scramble for $320 billion over 10 years to pay for the plan. Reid said he would not support a bill that taxed...

Health Reform Must Pass the Test of Prostate Cancer

Efficacy should trump novelty in care choices

(Newser) - Forget public options and universal mandates. The real litmus test for health care reform is prostate cancer testing, writes David Leonhardt of the New York Times. Treatments for the disease range in cost from a few thousand dollars to more than $100,000. "You can probably guess which treatments...

Reid Pulls Plug on GOP-Friendly Health Plan

(Newser) - Harry Reid yesterday pulled the plug on painstaking efforts to win bipartisan support for health care reform, telling Max Baucus to drop a proposal, aimed at wooing Republicans, that would tax health benefits and leave out a public insurance option. The Senate majority leader told Baucus, the Finance Committee chairman...

Public Option 'Negotiable' in Health Reform: Emanuel

Obama OK with trigger backup to private plans

(Newser) - President Obama wants a public health care option, but he’s not married to the idea, Rahm Emanuel tells the Wall Street Journal—as long as real competition is somehow injected into the insurance market. “The goal is to have a means and a mechanism to keep the private...

Hospitals Agree to $155B in Future Savings

Will accept lower payments for Medicaid, Medicare

(Newser) - The nation’s hospitals have struck a deal with White House and Senate negotiators that will save the government $155 billion over 10 years, the Washington Post reports. The hospitals will accept lower-than-expected Medicare and Medicaid payments, and a gradual reduction in the amount paid to help care for the...

Docs: We'll Quit If Obama Lifts Bush Abortion Rules

Analysts: older regs let health workers avoid certain procedures

(Newser) - Some doctors who oppose abortion say they’ll quit their jobs if President Obama repeals Bush regulations that allow health care professionals to refuse to perform operations that are in opposition with their beliefs, NPR reports. A Christian Medical Association report found that “90% of those surveyed said they...

Ex-Lawmakers Lobby Hard for Health Industry

Medical interests shelling out $1.4M a day to limit reform

(Newser) - The health care industry is making a record-breaking lobbying push to shape and soften health care reform, the Washington Post reports, laying out $1.4 million a day on an army of some 350 former Capitol Hill staffers and members of Congress. Three of every four health care lobbying firms...

Senate Dems Shave $400B Off Health Care Bill

Plan charges employers who don't insure, has gov't option

(Newser) - Senate Democrats outlined a revised health care bill last night that lops $400 billion off the price tag of an earlier trillion-dollar proposal. The plan trims costs, the AP reports, by including a government-run insurance option to compete with private insurers and charging employers $750 annually for each employee not...

Health-Care Reform Will Save Economy, Too: Obama

He pushes reform during town hall meeting

(Newser) - Americans will suffer doubly without immediate health-care reform because the economy needs the boost, President Obama said in a town-hall meeting today as he tried to sell a plan half of Americans say they don’t really understand. He cited rising premiums, less employer coverage, and increasing Medicare costs as...

Rep. Waxman Hospitalized
 Rep. Waxman Hospitalized 
Jul 1, 2009 12:35 PM CDT

Rep. Waxman Hospitalized

But House Democrat reportedly 'feeling much better now'

(Newser) - A powerful House committee chairman with a central role in President Obama's global warming and health care legislation has been hospitalized. Democrat Henry Waxman was not feeling well yesterday and was admitted to Cedars-Sinai Medical Center in his native Los Angeles for "routine testing," a spokeswoman said today.

Health Insurance No Guarantee Against Ruin

Three-quarters of those bankrupted by medical costs were insured

(Newser) - As lawmakers weigh health-reform plans, it’s becoming increasingly clear that just having coverage won’t necessarily protect individuals from financial disaster, the New York Times reports. Some three-quarters of those bankrupted by health care costs were insured at the time of their ailment. “Underinsurance is the great hidden...

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