Posts Tagged ‘President Obama’

Healthcare Bill Passes

March 22nd, 2010 by Iris | Comments Off | Filed in alternative health plans, health insurance

Late Sunday night, the United States House of Representatives passed the much-debated healthcare reform bill in a 219-212 vote, with all the Republicans, and thirty-four Democrats, voting against its passage. The bill, which instigates the most dramatic changes to our healthcare system in four decades, now goes to President Obama for his signature, which will turn it into law. It has already been approved by the Senate.

Changes provided by the healthcare reform bill include the extension of health coverage to 32 million previously-uninsured Americans, as well as the imposition of new strictures and taxes on the insurance industry. One crucial change is that insurers will no longer be permitted to deny coverage to people with pre-existing medical conditions.

The vote was the culmination of many battles between Democrats and Republicans, which had taken over Congress during the last year, and resulted in downticks in President Obama’s approval ratings.

Speaking from the White House after the vote, President Obama said, “Tonight, at a time when the pundits said it was no longer possible, we rose above the weight of our politics.”

He also said, “This legislation will not fix everything that ails our healthcare system, but it moves us decisively in the right direction. This is what change looks like.”

The $940 billion bill has been widely criticized by Republican critics who believe it to be an intrusion in the healthcare sector, and that it will increase the deficit, and reduce patients’ choices.

Reuters is reporting that many states are already filing lawsuits to challenge the new insurance law, and it is likely that healthcare will continue to be a major issue in the campaign season leading to midterm Congressional elections in November.

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Obama to Make Specific Health Care Proposals

February 19th, 2010 by admin | Comments Off | Filed in health insurance, insurance news

Although President Obama has attempted to avoid issuing his own version of a health care reform plan, the deadlock in Congress has compelled the president to formulate his own specific set of proposals, scheduled to be unveiled Monday, February 22.

According to a piece for the Chicago Tribune by Noam N Levey, the presidential suggestions will come three days before a planned summit with congressional leaders from both sides of the aisle. Obama’s hope is to jump-start the stalled process and to appeal for bipartisan cooperation.

Most likely, Obama will offer solutions for key differences in the House and Senate versions of the reform bill, but it is not clear what concessions the President is willing to make to the conservative Republican position. Part of the renewed push to resurrect the bill considered dead after the election of a Republican to fill Ted Kennedy’s Senate seat stems from large requests from rate increases by insurance companies nationwie in recent weeks.

In particular, WellPoint’s call for a 39 percent hike in rates for Anthem Blue Cross in California has indicated the pressing need for health care reform to control the spiraling price of insurance. Even more Americans, hard-hit by the recession, will likely go without health coverage in coming months if such massive rate increases are allowed to go unchecked.

The impending summit and Obama’s more direct participation may not be enough to save health care reform, with many pundits fearful that lawmakers will have to go back to square one, delaying passage of badly needed legislation. If the current health care legislation does die, it’s a sure indication that partisan debate in Congress has stalled forward progress on most, if not all, of the Democrat’s major wish list items — a bad sign for the Obama administration and a bad sign for Americans struggling to survive the worst economic recession since 1929.

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