The Senate Health, Education, Labor & Pensions Committee (or, HELP) reported details of its proposed health care reform legislation this week. The details included specifics on the employer mandate included…
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The Senate Health, Education, Labor & Pensions Committee (or, HELP) reported details of its proposed health care reform legislation this week. The details included specifics on the employer mandate included… Senate Finance Committee Chairman Max Baucus (D-MT) is floating the following trial balloon: Congress would fund part of health reform with a cap on the tax exclusion of employer-sponsored health insurance but only at a level “significantly above” the cost of the standard plan offered to federal employees. The measure would also exclude policies bargained [...] Until now, unions have been among the strongest critics of paying for health reform by limiting the tax exclusion for employer sponsored insurance. But on Monday, a well-connected labor lobbyist told me a deal could be done. “It all depends,” he said, “on what the cap looks like.” It’s looking more and more likely that federal health reform will look very similar to what’s going on in Massachusetts. President Obama appears to be ever-so-slowly backing away from his hard-edged campaign opposition to capping the $246 billion employer-sponsored insurance tax exclusion as a way to help pay for health reform. Despite the poor shape of the American health system, public preference is the limiting factor in how far we can change the system. Does the media accurately report medical news? Everybody gets a tax cut! MedPAC, the obscure commission that advises Congress on the inner workings of the vast Medicare system, could be headed for the health-reform spotlight. President Obama is trying to put some numbers on his argument that spending a lot of money on health reform in the short run will lead to savings over the long haul. |
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