As the old saying goes: when it rains, it pours. And, the nation’s chief financial officers are suggesting the new health care law is all wet when it comes to the prospects for their businesses and employees. A survey conducted by the City University of New York for the Financial Executives Research Foundation found that three-quarters of Chief Financial Officers (CFOs) believe the…
Read more
When health care reform begins to take effect in Connecticut, it will undoubtedly mean insurance for tens of thousands of people who have lacked coverage. But that doesn’t mean they will be able to find a doctor to see them.
The Connecticut State Medical Society is warning of a major shortage of primary care physicians in the state that, if not addressed soon, will lead to longer…
Read more
Washington, DC – House Ways and Means Committee Republicans today sent a letter to Ways and Means Chairman Sander Levin (D-MI) requesting a hearing on the new Centers for Medicare and Medicaid Services (CMS) analysis of the recently enacted health care overhaul. CMS estimated that the law will increase health care spending over $300 billion, includes over one-half trillion in cuts to…
Read more
With unemployment hovering close to 10 percent and underemployment -- such as part-time workers wanting full-time work – even higher, Mercer’s annual employer health plan survey illustrates the harsh reality for employers and more importantly the employees that work for them under the Democrats’ health care overhaul. The study found that at least 38 percent of employer health plans may…
Read more
Not so long ago, President Obama proclaimed, “If any bill arrives from Congress that is not controlling costs, that’s not a bill I can support. It’s going to have to control costs.”
Republicans concur with President Obama’s assessment that reducing health care costs should be the primary goal. Unfortunately, just one month after Democrats enacted their $1 trillion overhaul of the…
Read more
Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) and Health Subcommittee Ranking Member Wally Herger (R-CA) today released the following statements in reaction to the analysis of the Democrats’ health care law from the nonpartisan experts at the Centers for Medicare & Medicaid Services (CMS):
CAMP: “This report confirms Americans' worst fears about the health care…
Read more
Last night, the nonpartisan, independent actuaries at the Department of Health and Human Services’ Centers for Medicare and Medicaid Services (CMS) released an analysis of the newly enacted Democrat health care overhaul. Among its many troubling findings, the report concludes that national health care costs will increase significantly over the next decade under the new law. Below is a…
Read more
Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) commented on today’s analysis released by the non-partisan Congressional Budget Office (CBO) estimating that in 2016 more than half of the 3.9 million Americans who will be forced to pay the Democrats’ new tax for not having government-approved health insurance will have incomes that are low enough to qualify for premium…
Read more
Today, the New York Times reports Democrats are scrambling to prevent the predicted health insurance premium increases that are coming for millions of families as a result of their big government health care overhaul. Just one month after becoming law, Democrats, “fearing that health insurance premiums may shoot up in the next few years,” are attempting to “fix” the new law that they…
Read more
For a bill that is supposed to make Americans healthier, the disincentives for marriage and work under the new healthcare law are truly startling. Beginning in 2013, when many of the bill’s provisions take effect, Americans will find it more advantageous to stay single than to marry, even more so than under the current tax code. And women will face greater incentives to leave the…
Read more