Posts Tagged ‘Insurance

07
Aug
10

Weekly Address: Medicare Officially Safer After Health Reform

NEWS
Weekly Address: Medicare Officially Safer After Health Reform
President Obama Highlights Benefits to Seniors Under the Patient Protection and Affordable Care Act

Saturday, August 07, 2010

In his weekly address this week, President Obama highlighted a Medicare Trustees report noting the steps we took this year to reform the health care system have put Medicare on a sounder financial footing, which will help to preserve Medicare for generations to come. Additionally, America’s seniors are already seeing more benefits as a result of health reform, including a rebate to cover the cost of their prescriptions if they fall into the Medicare Part D drug coverage gap. In the coming years, as we continue to ramp up reform, we expect seniors to save in premiums and out of pocket costs. And the President will continue to make Medicare stronger to ensure our seniors have access to affordable and quality healthcare.

Forty-five years ago, we made a solemn compact as a nation that senior citizens would not go without the health care they need. This is the promise we made when Medicare was born. And it’s the responsibility of each generation to keep that promise.

That’s why a report issued this week by the Trustees who oversee Medicare was such good news. According to this report, the steps we took this year to reform the health care system have put Medicare on a sounder financial footing. Reform has actually added at least a dozen years to the solvency of Medicare – the single longest extension in history – while helping to preserve Medicare for generations to come.

We’ve made Medicare more solvent by going after waste, fraud, and abuse – not by changing seniors’ guaranteed benefits. In fact, seniors are starting to see that because of health reform, their benefits are getting better all the time.

Seniors who fall into the “doughnut hole” – the gap in Medicare Part D drug coverage – are eligible right now for a $250 rebate to help cover the cost of their prescriptions. Now, I know for people facing drug costs far higher than that, they need more help. That’s why we negotiated a better deal with the pharmaceutical companies for seniors. So starting next year, if you fall in the doughnut hole, you’ll get a 50-percent discount on the brand-name medicine you need. And in the coming years, this law will close the doughnut hole completely once and for all.

Already, we have put insurance companies on notice that we have the authority to review and reject unreasonable rate increases for Medicare Advantage plans. And we’ve made it clear to the insurers that we won’t hesitate to use this authority to protect seniors.

Beginning next year, preventive care – including annual physicals, wellness exams, and tests like mammograms – will be free for seniors as well. That will make it easier for folks to stay healthy. But it will also mean that doctors can catch things earlier, so treatment may be less invasive and less expensive.

And as reform ramps up in the coming years, we expect seniors to save an average of $200 per year in premiums and more than $200 each year in out of pocket costs, too.

This is possible in part through reforms that target waste and abuse and redirect those resources to where they’re supposed to go: our seniors. We’re already on track to cut improper payments in half – including money that goes to criminals who steal taxpayer dollars by setting up insurance scams and other frauds. And we won’t stop there. Because by preventing the loss of these tax dollars, we can both address the runaway costs of Medicare and improve the quality of care seniors receive – and we can crack down on those who prey on seniors and take advantage of people.

So we are no longer accepting business as usual. We’re making tough decisions to meet the challenges of our time. And as a result, Medicare is stronger and more secure. That’s important. Because Medicare isn’t just a program. It’s a commitment to America’s seniors – that after working your whole life, you’ve earned the security of quality health care you can afford. As long as I am President, that’s a commitment this country is going to keep.
Thank you.

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• Source(s): The White House
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24
Jul
10

Weekly Address: Moving Forward on the Economy vs. Moving Backward

NEWS
Weekly Address: Moving Forward on the Economy vs. Moving Backward
President Obama Praises New Wall Street Reform Law; Says GOP Plan Will Take Us Backward

Saturday, July 24, 2010

In this week’s address, President Obama praised the Wall Street reform bill that he signed into law on Wednesday and explained how it fits into the greater strategy to bring the country out of recession and build an economy for the long run. The president’s plan is aimed at strengthening the middle class and gives tax breaks to small businesses that creates jobs here, invests in homegrown, clean energy, and cuts taxes for working families. Unfortunately, when the Republican leader in the House offered his plan to create jobs this week, he presented the same policy ideas that led to this recession – ideas that will kill jobs instead of create them, and will add $1 trillion to the deficit, not reduce it.

This week, I signed into law a Wall Street reform bill that will protect consumers and our entire economy from the recklessness and irresponsibility that led to the worst recession of our lifetime. It’s reform that will help put a stop to the abusive practices of mortgage lenders and credit card companies. It will end taxpayer bailouts of Wall Street firms. And it will finally bring the shadowy deals that caused the financial crisis into the light of day.

Wall Street reform is a key pillar of an overall economic plan we’ve put in place to dig ourselves out of this recession and build an economy for the long run – an economy that makes America more competitive and our middle-class more secure. It’s a plan based on the Main Street values of hard work and responsibility – and one that demands new accountability from Wall Street to Washington.

Instead of giving tax breaks to corporations that ship jobs overseas, we want to give tax breaks to small business owners who are creating jobs right here in America. Already, we’ve given small businesses eight new tax cuts, and have expanded lending to more than 60,000 small business owners.

We’re also investing in a homegrown, clean energy industry – because I don’t want to see new solar panels and wind turbines and electric cars manufactured in some other country. I want to see them made in America, by American workers. So far, we’ve provided new tax credits, loan guarantees, and investments that will lead to more than 800,000 clean energy jobs by 2012. And throughout America, communities are being rebuilt by people working in hundreds of thousands of new private sector jobs repairing our roads, bridges, and railways.

Our economic plan is also aimed at strengthening the middle-class. That’s why we’ve cut taxes for 95% of working families. That’s why we’ve offered tax credits that have made college more affordable for millions of students, and why we’re making a new commitment to our community colleges. And that’s why we passed health insurance reform that will stop insurance companies from dropping or denying coverage based on an illness or pre-existing condition.

This is our economic plan – smart investments in America’s small businesses, America’s clean energy industry, and America’s middle-class. Now, I can’t tell you that this plan will bring back all the jobs we lost and restore our economy to full strength overnight. The truth is, it took nearly a decade of failed economic policies to create this mess, and it will take years to fully repair the damage. But I am confident that we are finally headed in the right direction. We are moving forward. And what we can’t afford right now is to go back to the same ideas that created this mess in the first place.

Unfortunately, those are the ideas we keep hearing from our friends in the other party. This week, the Republican leader in the House of Representatives offered his plan to create jobs. It’s a plan that’s surprisingly short, and sadly familiar.

First, he would repeal health insurance reform, which would take away tax credits from millions of small business owners, and take us back to the days when insurance companies had free rein to drop coverage and jack up premiums. Second, he would say no to new investments in clean energy, after his party already voted against the clean energy tax credits and loans that are creating thousands of new jobs and hundreds of new businesses. And third, even though his party voted against tax cuts for middle-class families, he would permanently keep in place the tax cuts for the very wealthiest Americans – the same tax cuts that have added hundreds of billions to our debt.

These are not new ideas. They are the same policies that led us into this recession. They will not create jobs, they will kill them. They will not reduce our deficit, they will add $1 trillion to our deficit. They will take us backward at a time when we need to keep America moving forward.

I know times are tough. I know that the progress we’ve made isn’t good enough for the millions of Americans who are still out of work or struggling to pay the bills. But I also know the character of this nation. I know that in times of great challenge and difficulty, we don’t fear the future – we shape the future. We harness the skills and ingenuity of the most dynamic country on Earth to reach a better day. We do it with optimism, and we do it with confidence. That’s the spirit we need right now, and that’s the future I know we can build together.
Thank you.

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• Source(s): The White House
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17
Jul
10

Weekly Address: Filibustering Recovery & Obstructing Progress

NEWS
Weekly Address: Filibustering Recovery & Obstructing Progress
President Obama Says GOP Senate Leadership Choosing to “Filibuster Our Recovery and Obstruct Our Progress”

Saturday, July 17, 2010

In this week’s address, the President criticized the Republican leadership in the Senate for opposing initiatives which that would create jobs and strengthen the economy like cutting taxes for small businesses and extending unemployment insurance for Americans who have lost their jobs during the recession. Aiding small businesses and renewing unemployment insurance are not just the right things to do for those hit hardest by the recession, they are steps that will help strengthen the recovery. When crises strike Main Street, the President believes it’s important to put aside politics and act in the best interests of American families and small businesses.

This week, many of our largest corporations reported robust earnings – a positive sign of growth.

But too many of our small business owners and those who aspire to start their own small businesses continue to struggle, in part because they can’t get the credit they need to start up, grow, and hire. And too many Americans whose livelihoods have fallen prey to the worst recession in our lifetimes – a recession that cost our economy eight million jobs – still wonder how they’ll make ends meet.

That’s why we need to take new, commonsense steps to help small businesses, grow our economy, and create jobs – and we need to take them now.

For months, that’s what we’ve been trying to do. But too often, the Republican leadership in the United States Senate chooses to filibuster our recovery and obstruct our progress. And that has very real consequences.

Consider what that obstruction means for our small businesses – the growth engines that create two of every three new jobs in this country. A lot of small businesses still have trouble getting the loans and capital they need to keep their doors open and hire new workers. So we proposed steps to get them that help: Eliminating capital gains taxes on investments. Establishing a fund for small lenders to help small businesses. Enhancing successful SBA programs that help them access the capital they need.

But again and again, a partisan minority in the Senate said “no,” and used procedural tactics to block a simple, up-or-down vote.

Think about what these stalling tactics mean for the millions of Americans who’ve lost their jobs since the recession began. Over the past several weeks, more than two million of them have seen their unemployment insurance expire. For many, it was the only way to make ends meet while searching for work – the only way to cover rent, utilities, even food.

Three times, the Senate has tried to temporarily extend that emergency assistance. And three times, a minority of Senators – basically the same crowd who said “no” to small businesses – said “no” to folks looking for work, and blocked a straight up-or-down vote.

Some Republican leaders actually treat this unemployment insurance as if it’s a form of welfare. They say it discourages folks from looking for work. Well, I’ve met a lot of folks looking for work these past few years, and I can tell you, I haven’t met any Americans who would rather have an unemployment check than a meaningful job that lets you provide for your family. And we all have friends, neighbors, or family members who already knows how hard it is to land a job when five workers are competing for every opening.

Now in the past, Presidents and Congresses of both parties have treated unemployment insurance for what it is – an emergency expenditure. That’s because an economic disaster can devastate families and communities just as surely as a flood or tornado.

Suddenly, Republican leaders want to change that. They say we shouldn’t provide unemployment insurance because it costs money. So after years of championing policies that turned a record surplus into a massive deficit, including a tax cut for the wealthiest Americans, they’ve finally decided to make their stand on the backs of the unemployed. They’ve got no problem spending money on tax breaks for folks at the top who don’t need them and didn’t even ask for them; but they object to helping folks laid off in this recession who really do need help. And every day this goes on, another 50,000 Americans lose that badly needed lifeline.

Well, I think these Senators are wrong. We can’t afford to go back to the same misguided policies that led us into this mess. We need to move forward with the policies that are leading us out of this mess.

The fact is, most economists agree that extending unemployment insurance is one of the single most cost-effective ways to help jumpstart the economy. It puts money into the pockets of folks who not only need it most, but who also are most likely to spend it quickly. That boosts local economies. And that means jobs.

Increasing loans to small business. Renewing unemployment insurance. These steps aren’t just the right thing to do for those hardest hit by the recession – they’re the right thing to do for all of us. And I’m calling on Congress once more to take these steps on behalf of America’s workers, and families, and small business owners – the people we were sent here to serve.

Because when storms strike Main Street, we don’t play politics with emergency aid. We don’t desert our fellow Americans when they fall on hard times. We come together. We do what we can to help. We rebuild stronger, and we move forward. That’s what we’re doing today. And I’m absolutely convinced that’s how we’re going to come through this storm to better days ahead.

Thanks.

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• Source(s): The White House
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08
May
10

Weekly Address: Health Reform Starts to Kick In

NEWS
Weekly Address: Health Reform Starts to Kick In
President Obama Praises the Benefits and Successes of Health Reform Already in Effect

Saturday, May 8, 2010


In his weekly address, President Barack Obama highlighted the ways in which health reform is already holding insurance companies more accountable and giving consumers more control. Implementing everything in the new law will not happen overnight. But already, consumers are getting a break from unfair rate hikes and insurance companies will no longer drop coverage for people when the get sick. Four million small businesses have been notified that they could be eligible for a health care tax cut this year. Retirees will soon receive help if they fall into the prescription drug “donut hole.” And, young adults will be able to stay on their parents’ plan until they are 26 years old.

It has now been a little over a month since I signed health insurance reform into law. And while it will take some time to fully implement this law, reform is already delivering real benefits to millions of Americans. Already, we are seeing a health care system that holds insurance companies more accountable and gives consumers more control.

Two weeks ago, four million small business owners and organizations found a postcard in their mailbox informing them that they could be eligible for a health care tax cut this year – a tax cut potentially worth tens of thousands of dollars; a tax cut that will help millions provide coverage to their employees.

Starting in June, businesses will get even more relief for providing coverage to retirees who are not yet eligible for Medicare. And a little over a month from now, on June 15th, senior citizens who fall into the prescription drug coverage gap known as the “donut hole” will start receiving a $250 rebate to help them afford their medication.

Aside from providing real, tangible benefits to the American people, the new health care law has also begun to end the worst practices of insurance companies. For too long, we have been held hostage to an insurance industry that jacks up premiums and drops coverage as they please. But those days are finally coming to an end.

After our administration demanded that Anthem Blue Cross justify a 39% premium increase on Californians, the company admitted the error and backed off its plan. And this week, our Secretary of Health and Human Services, Kathleen Sebelius, wrote a letter to all states urging them to investigate other rate hikes and stop insurance companies from gaming the system. To help states achieve this goal, we’ve set up a new Office of Consumer Information and Insurance Oversight, and will provide grants to states with the best oversight programs.

In the next month, we’ll also be putting in place a new patients’ bill of rights. It will provide simple and clear information to consumers about their choices and their rights. It will set up an appeals process to enforce those rights. And it will prohibit insurance companies from limiting a patients’ access to their preferred primary care provider, ob-gyn, or emergency room care.

We’re holding insurance companies accountable in other ways, as well. As of September, the new health care law prohibits insurance companies from dropping people’s coverage when they get sick and need it most. But when we found out that an insurance company was systematically dropping the coverage of women diagnosed with breast cancer, my administration called on them to end this practice immediately. Two weeks ago, the entire insurance industry announced that it would comply with the new law early and stop the perverse practice of dropping people’s coverage when they get sick.

On Monday, we’ll also be announcing the new rule that allows young adults without insurance to stay on their parents’ plan until they’re 26 years old. Even though insurance companies have until September to comply with this rule, we’ve asked them to do so immediately to avoid coverage gaps for new college graduates and other young adults. This also makes good business sense for insurance companies, and we’re pleased that most have agreed. Now we need employers to do the same, and we’re willing to work with them to make this transition possible. These changes mean that starting this spring, when young adults graduate from college, many who do not have health care coverage will be able to stay on their parents’ insurance for a few more years. And you can check healthreform.gov to find a list of all the insurance carriers who have agreed to participate right away.

I’ve said before that implementing health insurance reform won’t happen overnight, and it will require some tweaks and changes along the way. Ultimately, we’ll have a system that provides more control for consumers, more accountability for insurance companies, and more affordable choices for uninsured Americans. But already, we are seeing how reform is improving the lives of millions of Americans. Already, we are watching small businesses learn that they will soon pay less for health care. We are seeing retirees realize they’ll be able to keep their coverage and seniors realize they’ll be able to afford their prescriptions. We’re seeing consumers get a break from unfair rate hikes, patients get the care they need when they need it, and young adults get the security of knowing they can start off life with one less cost to worry about. At long last, this is what health care reform is achieving. This is what change looks like. And this is the promise we will keep as we continue to make this law a reality in the months and years to come.

Thanks so much.

• Source(s): The White House
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07
Apr
10

FBI arrests man for threatening Pelosi

NEWS
FBI arrests man for threatening Pelosi

Wednesday, April 7, 2010

Federal agents in California have arrested a man for allegedly threatening House Speaker Nancy Pelosi (D-Calif.).

Gregory Lee Giusti, 48, was arrested at his San Francisco home in the Tenderloin district shortly after noon, said Joseph Schadler, a spokesman for the FBI office in San Francisco.

Rose Riggs, Giusti’s neighbor in a public housing complex, said she saw two plainclothes and two uniformed officers take him away in cuffs. Riggs said Giusti was known for engaging in heated political debates with others in the building.

“He was not one of my favorite people. He had a real attitude problem,” she said.

The court documents are sealed and will remain so until the Giusti appears in San Francisco federal court at 9:30 Thursday morning.

“The FBI takes threats against elected officials very seriously,” Hansen said Wednesday.

Pelosi’s office issued a statement late Wednesday evening, acknowledging the arrest.

“The Speaker thanks the FBI, the Capitol Hill Police, House Sergeant at Arms, and other law enforcement officials for their professionalism in this matter,” spokesman Brendan Daly said in a statement Wednesday evening. “She will have no further comment at this time.”

Officials told The Associated Press that a man called Pelosi’s Washington and California homes, in addition to her husband’s business office, several times.

This arrest is the second such arrest in as many days: The FBI in Washington state arrested a man Tuesday for threatening Washington Sen. Patty Murray, a top Senate Democrat who also supported the legislation.

Federal officials in Philadelphia arrested a man for threatening House Minority Whip Eric Cantor (R-Va.) last month.

Pelosi’s office declined to comment.

Threats toward lawmakers have been especially prevalent in the weeks since Congress passed health care overhaul legislation last month. Lawmakers have had bricks thrown through their windows, threatening voicemails left and protests outside their homes.

In Cantor’s case, Norman Leboon, the man arrested, allegedly threatened the Republican and his family through YouTube videos. Cantor also got threatening e-mails. Charles Wilson, the man accused of threatening Murray, allegedly left threatening voice messages on her office line in Washington.

Threats directed at an elected official carry a different charge than harassment toward any citizen – if convicted, similar charge carries up to 10 years imprisonment and a quarter-million dollar fine. It is unclear what Pelosi’s alleged threatner might be charged with.

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25
Mar
10

‘Go For It,’ Obama Tells Republicans On Health Care Repeal

NEWS
‘Go For It,’ Obama Tells Republicans On Health Care Repeal

Thursday, March 25, 2010

President Barack Obama mocked Republicans’ campaign to repeal his new health care law, saying they should “Go for it” and see how well they fare with voters.

“Be my guest,” Obama said Thursday in Iowa City, Iowa, in the first of many appearances around the country to sell the overhaul to voters before the fall congressional elections. “If they want to have that fight, we can have it. Because I don’t believe the American people are going to put the insurance industry back in the driver’s seat.”

With emotions raw around the nation over the party-line vote to approve the nearly $1 trillion, 10-year law, Obama took the opposition to task for “plenty of fear-mongering, plenty of overheated rhetoric.”

“If you turn on the news, you’ll see that those same folks are still shouting about how it’s going to be the end of the world because this bill passed,” said Obama, appearing before thousands in this college town where, as a presidential candidate three years ago, he first unveiled his health care proposals.
No Republican lawmakers voted for the overhaul, a sweeping package that will shape how almost every American will receive and pay for medical treatment. Many in the GOP are predicting it will prove devastating in November for the Democrats who voted for it.

But the president stressed the notion of a promise kept, saying the legislation he signed into law on Tuesday is evidence he will do as he said. As the crowd broke into a chant of “Yes we can!” Obama corrected them: “Yes we did!”

The White House suggests it has the upper hand against Republicans politically, arguing the GOP risks a voter backlash because a repeal would take away from small businesses and individuals the benefits provided to them immediately under the new law.

“We’re not going back,” Obama said.

Obama spoke as Democrats in Washington raced to complete the overhaul with a separate package of fixes to the main bill.

Senate leaders finished work Thursday on the fix-it legislation, already approved in the House. But Republican attempts to derail the process resulted in minor changes to the bill, which meant the House would have to vote on it again before it can go to Obama for his signature. The House vote was expected by evening.

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25
Mar
10

Senate OKs changes to healthcare bill

NEWS
Senate OKs changes to healthcare bill

Thursday, March 25, 2010

Senate Democrats voted to pass the reconciliation package of repairs to President Obama’s health care overhaul Thursday afternoon after nearly round-the-clock votes to reject dozens of Republican amendments.

The bill passed 56–43 but has to go back to the House for another vote after Republicans were able to get two lines of the legislation deleted because they violated Senate rules. The House is expected to approve the changes to the bill – one a technicality, the other a limit on the maximum Pell grant allowed in the federal student loan program – and send the package to Mr. Obama late Thursday evening. A reform of the nation’s student loan system was included in the reconciliation bill for health reform.

The reconciliation bill contains a series of corrections to the underlying health care overhaul plan, which Mr. Obama signed into law this week.

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