Factbox: Winners, losers in House healthcare bill

reuters ^ | 3/22/10 | staff

[Nachum]

(Reuters) - The healthcare reform measure passed by the House of Representatives on Sunday delivers some good news for drugmakers, device companies and even health insurers.

Among the changes in the legislation was a provision delaying hefty taxes on those three industries by at least a year.

Following are some of the winners and losers in the overall healthcare industry based on a Senate version of the bill and the reconciliation bill passed by the House on Sunday.

The Senate must vote on the reconciliation bill, so changes could still emerge.

WINNERS

BRAND-NAME DRUGMAKERS

* The pharmaceutical industry keeps its $80 billion agreement to provide savings and rebates. Its fees, to be divided among companies such as Pfizer and Merck & Co, would be delayed from 2010 to 2011, increasing from the initial $2.3 billion a year to $2.7 billion.

[Nachum]

* Private Medicare plans called Medicare Advantage would see their payments frozen in 2011, then lowered in 2012. The plans, which can offer more benefits than traditional Medicare coverage, would also have to spend at least 85 cents out of every dollar on medical costs -- leaving 15 cents toward overhead and salaries, among other things.

[fatez]

The biggest winners, the Chinese.

[C210N]

The biggest losers: The American freedom-loving public.

[Shermy]

Nachum, that article is so wrong in a bunch of ways, bipartisanly. It is incompetent.

[Domandred]

Add to losers: People that were self insuring because they had money to pay for doctors and were in great health.

[Adder]

Among the changes in the legislation was a provision delaying hefty taxes on those three industries by at least a year.

Well honey go git yer new blue dress.
We’uns gonna go steppin out tonight.

Thats supposed to be a “win”?

A$$holes. {*}

[outofstyle]

The biggest losers: The American freedom-loving public

But don't you know, since this bill was passed last night over 100,000 lives have been "created or saved."

[Cyber Liberty]

The Senate must vote on the reconciliation bill, so changes could still emerge.

Wrong. Reuters lies.

[gleeaikin]

If you want to know more about salaries for CEO’s, which is a good indication of salaries for upper management, Google “Forbes CEO Compensation”. They put out an annual report, most recently for 5/3/07, 4/30/08 and 4/22/09, so include a date with the title. There are breakdowns by industry, so you can look at Insurance, Drugs, and medical technology, or something like that. I was astonished at how many CEO’s were earning above $5 million a year and this didn’t even include stocks and bonuses. I am not a bit sorry that their overhead and salaries are limited to 15%.

[TexasFreeper2009]

Anyone who gets sick will be the loser.

Because doctors are going to start leaving the profession in mass causing a massive shortage. Prices for everything medical related will skyrocket. Taxes will be going up for everyone (I don't care what the libs say). And insurance costs for EVERYONE will skyrocket.

This was the single dumbest piece of legislation since forced busing, and will cost the democrats the majority for the next 40 years.