Help The Middle ClassNews and Information For The Heart Of America
FROM THE EXPERTS: In The New World Of Obamacare, Retiring Couples Need To Save At Least $250,000 For Medical Costs (Huffington Post)
Relief to seniors facing high prescription drug costs is one of the first changes to come under the new health care overhaul. But ultimately that won’t offset the relentless increase in retirees’ medical expenses.
A couple retiring this year will need a quarter of a million dollars, on average, to cover medical expenses in retirement, according [...]
GOP Forces A New Vote On Health Care Bill. White House Not Concerned (The New York Times)
With the Senate working through an all-night session on a package of changes to the Democrats’ sweeping health care legislation, Republicans early Thursday morning identified parliamentary problems with at least two provisions that will require the measure to be sent back to the House for yet another vote, once the Senate adopts it.
Senate Democrats had [...]
FACT CHECK: Immediate Benefits From The Health Care Bill (Reuters)
Here is what to expect if the bill becomes law:
WITHIN THE FIRST YEAR OF ENACTMENT
*Insurance companies will be barred from dropping people from coverage when they get sick. Lifetime coverage limits will be eliminated and annual limits are to be restricted.
*Insurers will be barred from excluding children for coverage because of pre-existing conditions.
*Young adults will [...]
DOCTORS SPEAK OUT: A False Promise Of Reform (Physicians For A National Health Program)
As much as we would like to join the celebration of the House’s passage of the health bill last night, in good conscience we cannot. We take no comfort in seeing aspirin dispensed for the treatment of cancer.
Instead of eliminating the root of the problem – the profit-driven, private health insurance industry – this costly [...]
‘HEALTH-CARE FOR EVERYONE’, UNLESS YOUR A SICK CHILD. PROBLEMS ALREADY WITH OBAMACARE (KAISER HEALTH NEWS)
Clotie Robinson has tried for four years to buy health coverage for her 8-year-old daughter who suffers from depression and other mental illnesses, but she’s been consistently rejected by insurance companies.
As a result, Robinson has been unable to pay for some medicines and medical tests her daughter needs.
The DeSoto, Texas, mom had hoped the new [...]
FACT CHECK: Debunking Some Of The Myths About Health Care (AP/Yahoo!)
The tumultuous health care debate that brought you death panels and socialism has spun off a catalog of popular myths that will keep growing as President Barack Obama and all sides battle toward the midterm elections this fall.
At a White House signing ceremony Tuesday, Obama ventured the hope that Americans on all sides will judge [...]
How Will The New Health Care Bill Affect Medicare? (Reuters)
The sweeping healthcare overhaul the U.S. House of Representatives approved on Sunday includes about $455 billion in spending cuts for Medicare and other federal health programs over the next 10 years.
Here are some questions and answers about how the reforms will affect the Medicare healthcare program for the elderly.
WILL THE LEGISLATION CUT MEDICARE BENEFITS?
There are [...]
HEALTH CARES BIG WINNERS: The Drug and Insurance Companies Gain Millions of Customers (Business Week)
Drugmakers and health insurers will gain millions of customers under legislation overhauling the U.S. medical system. The industry also will pay new fees to the government, and face stricter rules that may narrow profit margins and fuel mergers.
The bill that the House passed on a 220-211 vote yesterday expands coverage to 32 million uninsured Americans, [...]
For Obama The Fight Isn’t Over. Now He Has To Sell Health Care Overhaul To The Average American (L. A. Times)
Just before midnight Sunday, White House Chief of Staff Rahm Emanuel sent an e-mail to aides who had helped win passage of the historic healthcare overhaul. “Take a moment to celebrate tonight,” Emanuel wrote. “It’s onto the next one tomorrow.”
President Obama spent 14 months getting to this moment, but aides said Monday that he wouldn’t [...]
New Taxes! That’s How Obama Is Going To Help ‘Spread The Wealth Around’ (Bloomberg News)
President Barack Obama said on the campaign trail in October 2008 that he wanted to “spread the wealth around.” With Obama on the verge of signing sweeping health-care overhaul legislation, he’s about to do just that.
High-income investors would pay higher Medicare taxes, tax breaks for out-of-pocket medical deductions would be curtailed, and it would cost [...]
