Baucus Bill Sticks To Pharma Deal That Supposedly Wasn’t Struck
The bill unveiled by Senate Finance Committee Chairman Max Baucus has been blasted as a major giveaway to insurance companies. But the even bigger winners are the drug makers.
That’s because the Baucus bill matches up, nearly to the letter, with the secret deal that he, the White House and Big Pharma struck over the summer — a deal the various parties roundly denied had been struck when it went public.
Read more at: http://www.huffingtonpost.com/2009/09/18/baucus-bill-sticks-to-pha_n_290639.html
MORE THEFT
“Max Baucus receives considerable contributions from health care industry. “
Health Insurance Insider Slams Baucus Bill: ‘An Absolute Gift To The Insurance Industry’
“Baucus’ plan, released as a detailed 223-page summary, aims to make health insurance more affordable for self-employed people and those working for small companies, who now have the biggest problems in getting and keeping coverage.
People insured through large employers would not see major changes, but some of their health care benefits would be nicked to help pay for the cost of the plan. The Baucus proposal would limit to $2,000 a year the amount people can contribute to flexible spending accounts, which are used to cover co-payments and deductibles not paid by their employers. That provision would raise $16.5 billion over 10 years.
Everyone covered through an employer would learn the full costs of their health benefits, which starting next year would be reported on employees’ W-2 tax forms. Although family coverage averages about $13,000 a year most workers don’t know how much their employer is paying.”
Fact: “The United States is the only major industrialized country without a comprehensive health care plan, leaving nearly 50 million people without medical insurance.”
Fact: This plan and any pan without a Public Option guarantees 47,000,000 new customers to the Health Insurance Companies.
Fact: UnitedHealth Group Inc.’s second-quarter earnings more than doubled amid prior-year charges and an increase in revenue, though enrollment continued to decline as U.S. unemployment mounts.- Wall Street Journal
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