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Keyword: medicalpricecontrols

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  • Senate Bill Sets a Plan to Regulate Premiums

    04/21/2010 3:28:39 AM PDT · by reaganaut1 · 96 replies · 2,446+ views
    New York Times ^ | April 20, 2010 | Robert Pear
    Fearing that health insurance premiums may shoot up in the next few years, Senate Democrats laid a foundation on Tuesday for federal regulation of rates, four weeks after President Obama signed a law intended to rein in soaring health costs. After a hearing on the issue, the chairman of the Senate health committee, Tom Harkin, Democrat of Iowa, said he intended to move this year on legislation that would “provide an important check on unjustified premiums.” Mr. Harkin praised a bill introduced by Senator Dianne Feinstein, Democrat of California, that would give the secretary of health and human services the...
  • Mass. rejects proposed health care premiums hikes

    04/01/2010 1:34:18 PM PDT · by reaganaut1 · 78 replies · 3,933+ views
    Boston Globe ^ | April 1, 2010 | Robert Weisman
    Making good on Governor Deval Patrick's promise to reject health insurance rate hikes deemed excessive, the state Division of Insurance this morning turned down 235 of 274 increases proposed by Massachusetts health insurers for small businesses and individuals. The ruling, stemming from emergency regulations the governor put in place in February, marks the first time state government in Massachusetts has used its authority to deny health premium increases. It is expected to have wide ramifications in the health care industry and in the gubernatorial campaign, where Republican challenger Charles Baker already has criticized rate caps. Insurance Commissioner Joseph G. Murphy...
  • (MA Governor Deval) Patrick wants health cost veto

    02/11/2010 7:41:27 AM PST · by reaganaut1 · 20 replies · 864+ views
    Boston Globe ^ | February 10, 2010 | Kay Lazar, Michael Levenson, and Robert Weisman
    Governor Deval Patrick is seeking sweeping authority to review and reject rates charged by hospitals, physician groups, medical imaging centers, and insurers, in a broad new effort to make health care more affordable, particularly for smaller companies and their workers. A 40-page bill filed by the governor yesterday proposes to give the insurance commissioner the power to essentially cap health care price increases. Rates hospitals and other health providers charge insurers would be “presumptively disapproved as excessive’’ if they increased faster than the level of medical inflation, and they could be rejected after a public hearing. Similarly, for health insurance...
  • Back to the ObamaCare Future (price controls in Massachusetts)

    03/01/2010 5:01:37 AM PST · by reaganaut1 · 7 replies · 917+ views
    Wall Street Journal ^ | March 1, 2010 | Editorial Board
    Natural experiments are rare in politics, but few are as instructive as the prototype for ObamaCare that Massachusetts set in motion in 2006. The bills for "universal coverage" are now coming due, and it appears the state political class is prepared to do lasting damage to one of America's top-flight health-care systems. Last month, Democratic Governor Deval Patrick landed a neutron bomb, proposing hard price controls across almost all Massachusetts health care. State regulators already have the power to cap insurance premiums, which Mr. Patrick is activating. He also filed a bill that would give state regulators the power to...