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Posts Tagged ‘Chamber of Commerce’

Rauner plays it safe on likely doomed GOP Senate Obamacare bill

Wednesday, October 11th, 2017

The Chicago Suntimes reports:

“The potential for Senate Republicans to unravel Obamacare this week diminished on Sunday, when two GOP senators, Susan Collins of Maine and Ted Cruz of Texas said their support was unlikely.

Even though the bill drafted by Sens. Lindsey Graham R-S.C. and Bill Cassidy R-La., is on the verge of failure — and may not even get a vote by the end of the month — as long as Republicans control the House, Senate and the White House, attempts may continue to repeal and replace the Affordable Care Act, former President Barack Obama’s signature health insurance plan.


Obamacare’s Employer Mandate Is Toast, And Democrats Are OK With That

Friday, May 16th, 2014

Yahoo Finance reports:

“President Obama this week cheered the milestone 7 millionth person to sign up for the Affordable Care Act (ACA), but a growing opinion is spreading among Democrats that the law’s employer mandate should go.

Former White House press secretary Robert Gibbs said in a speech on Wednesday that the mandate requiring employers with 50 or more full-time employees to offer medical coverage will be one of the first parts of the law to go.


Thirty years of health care “reform” – and it still doesn’t work

Tuesday, April 2nd, 2013

Retail’s Big Blog reports:

“The first time I ever wrote about health care reform was around 1980, when health maintenance organizations were becoming popular and I was a young newspaper reporter with a vested interest – I was making the move from my parents’ policy to getting health care benefits of my own.

HMOs were the health care “reform” of the days before computers, iPods or even the Walkman. They were going to make insurance cheaper, make it easier to get in to see a doctor, and costs would be kept manageable with small co-pays instead of paying bills up front and waiting to get reimbursed.


New Year Brings Tax Hikes To Pay For Health Care Law

Thursday, January 3rd, 2013

Five new tax increases take effect today to help pay for the nation’s health care overhaul.

The new measures are slated to raise $24.2 billion next year and more than $258 billion through 2019, according to the Joint Committee on Taxation.


Hustling on health care

Monday, July 9th, 2012

Chicago Health Care Daily reports:

“Employers are dashing to deal with the U.S. Supreme Court’s landmark health care ruling.

Companies that put off some benefits decisions amid doubt created by the constitutional challenge to the Obama administration’s massive health care overhaul suddenly find themselves confronting key questions about how to reshape their health plans, take advantage of the proposed insurance exchange and avoid the looming tax on Cadillac policies.


FACT CHECK: With Obama rosy, Romney foreboding, on health law, beware the claims

Monday, July 2nd, 2012

The Washington Post reports:

WASHINGTON — President Barack Obama promises nothing will change for people who like their health coverage except it’ll become more affordable, but the facts don’t back him up. Mitt Romney groundlessly calls the health care law a slayer of jobs certain to deepen the national debt.

Welcome to the health care debate 2.0. As the claims fly, buyer beware.


General Assembly puts health exchange bill on back burner

Tuesday, May 15th, 2012

Crains reports:

“Democratic and Republican leaders in the Illinois General Assembly have agreed to shelve a bill that would establish an Illinois health insurance exchange amid uncertainty created by the constitutional challenge to the federal health care overhaul before the U.S. Supreme Court.

State-level exchanges, which would allow individuals and small businesses to purchase health coverage, are expected to play a crucial role in satisfying the mandate to buy insurance imposed under the Patient Protection and Affordable Care Act of 2010. The Supreme Court is likely to rule on the constitutionality of the federal health care law in June, weeks after the scheduled May 31 end of the Illinois Legislature’s spring legislative session.


Health reform law has small insurers on edge

Tuesday, January 24th, 2012

Peter Frost of The Chicago Tribune reports:

“United Security Life and Health Insurance Co. lost money in 2009. The next two years weren’t much better.

So when it came time for the small Bedford Park-based insurer to set health care premiums in 2012, it said didn’t have much choice but to raise rates. On Jan. 1, the company raised premiums between 12.9 and 23.2 percent for about 1,000 of its Illinois customers.


Chamber Asks High Court To Review Health Care Law

Wednesday, October 26th, 2011

Insurance News Net reports:

“WASHINGTON — The U.S. Chamber of Commerce, which has been a fierce opponent of President Barack Obama’s health care overhaul, is taking a more nuanced approach in urging the Supreme Court to take up review of the law.

The chamber said in a legal brief filed Tuesday that it takes no position on the constitutionality of the contested provision at the heart of the law, the requirement that individuals purchase health insurance or pay a penalty starting in 2014.

But the chamber said the court should not do what the federal appeals court in Atlanta did, which was to strike down that requirement and leave the rest of the law standing. The business group said health insurers and insurance buyers would face “dire consequences” if the mandate is invalidated by itself.”

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