Posted on 12/19/2009 2:25:28 PM PST by La Lydia
Proposed changes to the U.S. Senate's pending healthcare reform bill include measures targeting industry profits and taxes, and a move to ensure health insurers spend a certain amount on medical care, according to a document released on Saturday. The changes, proposed as a group of amendments, must be approved by the Senate before they can be added to the massive legislation that lawmakers are struggling to finish before Christmas despite delaying tactics by Republicans and a severe snowstorm in the nation's capital. Democrats appear to have pulled together the 60 votes needed to pass a final bill.
The taxes are aimed at helping pay for the healthcare overhaul aimed at expanding access to health insurance and controlling costs, President Barack Obama's top domestic priority. Under the proposal by Senate Democratic leader Harry Reid, health insurance plans for large groups would have to spend at least 85 cents out of every dollar on medical costs. That means just 15 cents could go toward overhead and executive salaries, among other things. Small groups or individual plans would have to spend at least 80 cents on the dollar for care...
The first of two votes on the group of amendments is expected early on Monday before the Senate votes on the full legislation possibly as late as Christmas Eve. Additional revisions to the bill could still come as lawmakers work to combine the Senate's measure with one passed by the House.
(Excerpt) Read more at reuters.com ...
Honestly... I don’t know why any self-respecting capitalist would want to invest in the US.
Your health is now just a political shell to be played by others.
“Alters company taxes, profits ...
Alters individual citizens taxes, income, bank accounts ...
Say hello to another witholding item on your paycheck. By the time this one reaches equilibrium, you’ll probably net about 25 cents on a dollar in your take-home pay.
Of course, we’re soon going to be at the point where most Americans won’t be getting a paycheck, so it won’t matter.
Since January 20th, the national debt has skyrocketed from $10,626,877,048,913.08 to $12,134,970,556,795.04; at this furious rate of increase, by the end of 2012, we will be at over $20 trillion of federal debt.
As Mick sings:
Hey! Think the time is right for a palace revolution
‘Cause where I live the game to play is compromise solution
Well, then what can a poor boy do
Except to sing for a rock ‘n’ roll band?
http://www.youtube.com/watch?v=W7xETevBkq0&feature=related
One trillion dollars let alone 20 trillion.....http://www.pagetutor.com/trillion/index.html
Call, email, fax (this is my favorite option), visit these five senators. Do it now - before the 8:00 est vote in the Senate.
Webb
http://webb.senate.gov
Phone: 202-224-4024
Fax: 202-228-6363
Landrieu
http://landrieu.senate.gov
Phone: (202)224-5824
Fax:(202) 224-9735
Lincoln
http://lincoln.senate.gov
(202) 224-4843
Fax (202) 228-1371
Bayh
http://bayh.senate.gov
Phone: (202) 224-5623
Fax: (202) 228-1377
Lieberman
http://lieberman.senate.gov
Phone: 202.224.4041
Fax: 202.224.9750
And more job lost.
Think about SS....No one was going to collect until they had paid into it for several years and you weren't expected to live that long anyways.
Over time..they changed rates, ages...added Medicare.
The question is: Would you be better off if you had the money that you were forced to pay to draw from as you see fit.
I’m beginning to wonder why any small business would want to remain in the country, at this point.
This socialist agenda is clearly anti-Constitutional. I hope the SCOTUS has the spine to relegate it to the scrap heap, ASAP.
“Under the proposal by Senate Democratic leader Harry Reid, health insurance plans for large groups would have to spend at least 85 cents out of every dollar on medical costs. That means just 15 cents could go toward overhead and executive salaries, among other things. Small groups or individual plans would have to spend at least 80 cents on the dollar for care...”
I remember reading where someone ran the numbers on this and it would be impossible for an insurance company to stay in business.
There isn't room on the pay stub to record another one.
Guess they will have to be redesigned.
We might have to cash in and take our money to Costa Rica. I hear that is still a free country. This one has gone totalitarian.
Sounds like FASCISM to me.
Patriot Call To Action* * * Telephone Tea-Party * * *Call Congress Today And Tell Them To"Kill The Pelosi/Reid/Obamacare Bill"Call Congress Now (202) 224-3121Are we Venezuela Yet?Sponsored by Gwilym McGrew, A Concerned Citizen |
The law of unintended consequences says, that if your admin costs are more than 15%, then you need to charge more for the service. Way to go Democrats, that will raise costs, no lower them.
Exactly. That's when the democrats will propose once again a single payer system.
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