Congress

Medicare Rate Cuts

When it comes to health care, Congress proved once again, that they are out of touch with the public’s best interests. They spent a week arguing over a bill that would have prevented Medicare reimbursement rates from being cut. The rate cut amounts to 21 percent.

Under a 1990s law, Medicare rates were cut for budget purposes. Congress has routinely waived these cuts but this time lawmakers concerns over adding to the deficit prevented them from waiving this exception in a timely manner.

Author: Michael Gomes
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House Democrats Propose Taxing Insurance Companies to Pay for Reform

House Democrats have nearly completed drafting a health reform bill that consolidates versions created by three committees, Bloomberg reports. One detail remains undecided, however: How, exactly, Democrats will pay for the overhaul. "The lawmakers yesterday scaled back a proposed surtax on the wealthiest Americans, said Representative Sander Levin, a Michigan Democrat. At the same time, House Speaker Nancy Pelosi said she’s considering a levy on health insurers’ profits."

Author: BenefitMall
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