Headline News
Baucus adds to calls for health overhaul in ’09
WASHINGTON — The chairman of the Senate Finance Committee is adding his voice to the list of leading Democratic lawmakers pushing for the new president and Congress to make health care a top priority for 2009.
Sen. Max Baucus, D-Mont., on Wednesday made public his own plan for addressing what ails the health care system. It includes several features of President-elect Obama’s plan, such as guaranteed insurance coverage regardless of pre-existing illness. He also would set up an insurance exchange, a sort of government-administered shopping center where people could go to buy coverage.
Baucus goes beyond Obama’s plan by requiring everybody to purchase health insurance once affordable options are available.
The plan will stop the shifting of costs for care of the uninsured onto those who have health coverage, Baucus said, and it will bring down the average cost of insuring each American — which can help to make many individual premiums more affordable.
“Coverage of all Americans will also make reforms work better, from insurance market reforms to a cost-saving focus on preventive care,” he said. “Those who cannot afford coverage will not be required to purchase it — there will be other options for them.”
The plan also would help prevent people from waiting until they get sick to buy insurance.
“If a significant portion of Americans does not purchase coverage until sick, then premiums for all enrollees will increase to cover insurer outlays, and the problem of unaffordable coverage will persist,” Baucus’s 89-page report said.
Baucus’ committee has jurisdiction over health programs financed by a specific tax or trust fund, such as Medicare and Medicaid. Sen. Edward M. Kennedy, D-Mass., the chairman of the Senate’s Health, Education, Labor and Pensions Committee, will also play a role in any major overhaul of the system. He, too, has said health care changes can’t wait.
But paying for expanding health coverage will be expensive, and many independent analysts question whether Congress can make it happen under current economic conditions. Baucus did not offer a way to pay for his proposal, which included such costly provisions as allowing people ages 55-64 to buy into Medicare and eliminating the requirement that disabled people wait two years from when they become disabled to enroll in Medicare.
“We all must realize that the costs of inaction, both in human and financial terms, will eventually be far greater than any initial outlays,” the report said.
Baucus also embraces the idea that the current tax treatment of health insurance produces inflationary pressures contributing to the high cost of insurance. He said one way to reduce those pressures would be to limit the amount of money that can be directed toward health insurance on a tax-free basis. Once people reached the limit, the money employers spend for health insurance would be treated as taxable income.
- Headline News
-
-
Dems, White House close in on health bill
House Democratic leaders Thursday abandoned a long struggle to strike a compromise on abortion in their ranks, gambling that they can secure the support for President Barack Obama’s sweeping health care legislation with showdown votes looming as early as next week.
-
Slowly, Americans regaining lost wealth
Americans are recovering their shrunken wealth — gradually.
Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight. And it was less than in the previous two quarters.
-
U.S. trade deficit shrinks as auto and oil imports drop
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
-
Israel, Syria pursue nuclear-powered Mideast
Is the Middle East about to go officially nuclear?
Bitter rivals Israel and Syria both announced Tuesday that they want to pursue atomic power plants, potentially complicating the diplomatic storm over Iran’s nuclear program and fueling a widening web of suspicion across the Middle East.
-
Jobless aid measure clears Senate hurdle
Legislation to give additional months of unemployment benefits to people who have been out of a job for more than half a year cleared a key hurdle Tuesday that guarantees it will soon pass the Senate.
The sweeping bill also would prevent doctors from absorbing a crippling cut in Medicare payments and extends health insurance subsidies for the unemployed through December.
-
Iraqi voters undaunted by attacks that kill 36
Iraqis defied insurgents who lobbed hand grenades at voters and bombed a polling station Sunday in an attempt to intimidate those taking part in elections that will determine whether their country can overcome deep sectarian divides as U.S. forces prepare to leave.
-
Obama turns up heat on health care
President Barack Obama is trying to persuade a weary public and wavering Democrats to get behind his frantic, late-stage push on health care, while Republicans dig in and demand starting from scratch after a year’s worth of work.
-
Nation finally appears ‘on cusp’ of job growth
At last, the unemployment crisis seems to be easing. That’s the good news.
The bad news? Job creation remains scant because companies still lack enough confidence in the economy to ramp up hiring.
-
Pentagon shooter had a history of mental illness
The man who opened fire in front of the Pentagon had a history of mental illness and had become so erratic that his parents reached out to local authorities weeks ago with a warning that he was unstable and might have a gun, authorities said Friday.
It’s still unclear why John Patrick Bedell opened fire Thursday at the Pentagon entrance, wounding two police officers before he was fatally shot.
-
Obama: Seize moment on health
Support from his own party in doubt, President Barack Obama summoned more than a dozen House Democrats to the White House Thursday, pleading with them to put aside their qualms, seize a historic moment and vote for his massive health care overhaul.
It’s the opportunity of a generation, he told them — and a chance to revive the party’s agenda after his rough first year in office.
- More Headline News Headlines
-
Dems, White House close in on health bill


