In a poll of 4,000 adult Americans, 77 percent admit that they don’t understand how the U.S. health care system works. One in four healthcare consumers has no idea how much he or she pays for health insurance according to a 2010 survey conducted by Deloitte Center for Health Solutions. After a year and a [...]
Will health insurance premiums continue to rise? Yes. Here’s why. In the health care industry, the dirty words are “cost-shifting”. You don’t get what you pay for. With health care, you pay for what others get. Because of cost-shifting, you end up paying for the health care costs incurred by other people. In the U.S., [...]
Nearly two out of three poll participants indicate that the new Healthcare Reform law is too expensive and predict it will mean more fiscal pain for taxpayers. “Do you think the health care legislation will cost the government too much?” asks a USA Today/Gallup Poll conducted March 26-28, 2010. Of the 1,033 respondents, 63 percent [...]
U.S. President Barack Obama returned to Iowa today, March 25, 2010, to sell his healthcare reform package. On a cold, winter January night in 2007, then presidential candidate Obama, first introduced his ideas on healthcare reform to an Iowa constituency. Two days ago, President Obama signed a “middle-of-the-road”, as he describes it, health insurance reform [...]
This morning, March 23, 2010 at 11:55 am EST, U.S. President Barack Obama, surrounded by cheering Democrat congressional leaders, signed HR4872, the Patient Protection and Affordable Care Act, into law. Democrat lawmakers in the room were giddy with exuberance as they chanted, “Fired up,” then echoed in chorus, “Ready to go!” “Today after almost a [...]
Just before midnight Sunday, March 21, 2010, U.S. House Democrats delivered a victory for President Obama and Speaker of the House Pelosi by 219 votes in favor of the Senate healthcare legislation. Democrats needed 216 votes to pass the bill. Thirty-four House Democrats joined all their Republican colleagues in voting No on the measure tooted [...]
U.S. President Barack Obama and Speaker of the House Nancy Pelosi are looking to eight or ten Democrats to capture the healthcare legislation vote scheduled for today, March 21, 2010. After intensive one-on-ones with hesitant Democrats and a full court press on Capitol Hill hours before the Sunday decision, this defining vote for President Obama’s [...]
Today, 40 senior congressional leaders joined U.S. President Barack Obama around a table to find a way to reconcile differences and pass out healthcare reform legislation. No deal. After seven hours of posturing, policy makers couldn’t get passed go on four fundamental, philosophical positions. What’s most critical? Cost or Access Who steers the reform? Markets [...]
Today, U.S. President Barack Obama previewed the menu for a bipartisan Health Summit scheduled for February 25, 2010 in Washington, D.C. Senior congressional leaders will sit across the table from the President and his key department heads to reconcile Senate and House versions of healthcare reform. Lawmakers will chew on an array of nano solutions. [...]
