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Posts Tagged ‘finance’

Senate Finance Committee Passes Health Bill, But With Plenty Of Grumbling

The Senate Finance Committee yesterday became the fifth and final committee in Congress to pass a health care overhaul bill. The committee voted 14-9 in favor of the bill with Sen. Olympia Snowe, of Maine, joining all of the panel’s Democrats to cast the sole Republican “yea” vote.

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Democrats Look To Medicare To Help Finance Reform

The Associated Press: “Medicare is looking like a big fat piggy bank for health care overhaul. President Barack Obama and the Democrats want to pay for much of their plan to cover the uninsured by cutting hundreds of billions from the Medicare budget over the next 10 years. From its inception, the health plan for seniors has been kept afloat by taxes out of workers’ paychecks.

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At Finance Committee, Fireworks Surround Efforts To Add Drug Discount, Eliminate Individual Mandate

The Senate Finance Committee on Thursday defeated an amendment that sought to squeeze more money out of pharmaceutical companies to help pay for the costs of changing the health care system. The panel’s vote was a victory for President Obama and Finance Chairman Max Baucus.

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Statement By Medicare Rights Center President Joseph Baker On Key Votes Facing The Senate Finance Committee

Today, the Medicare Rights Center sent a letter to all members of the Senate Finance Committee, urging them to vote for amendments to health reform legislation that would close the coverage gap in the Medicare drug benefit-the infamous doughnut hole-and improve access to programs that help low-income people with Medicare afford their premiums and copayments.

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Finance Committee Agonizes Over Medicare Cuts

Politico reports: “The top Senate Republican says Democratic cuts to Medicare will cost them in the 2010 elections, warning that the hundreds of billions in reductions to the senior citizen health program is ‘Orwellian.’ Sen. Mitch McConnell (R-Ky.

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Finance Committee Senators: Reform Bill Trimmed To Less Than $1 Trillion

Some senators on the Finance Committee said Thursday they’ve moved closer to cutting their health reform bill’s cost to under $1 trillion. The New York Times: “Senator Kent Conrad, Democrat of North Dakota, said the overall cost of the bill had been reduced mainly by limiting eligibility for various subsidies.

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BIO Comments On Medicare Drug Discount Agreement Announced By PhRMA, The White House And Senate Finance Committee

The following statement was issued today by the Biotechnology Industry Organization (BIO) regarding the agreement reached among the Obama administration, the Pharmaceutical Research and Manufacturers of America (PhRMA) and the Senate Finance Committee to help close the coverage gap in the Medicare prescription drug program: “We look forward to reviewing in greater detail the agreement struck among President Obama, PhRMA and the Senate Finance Committee.

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Senate Finance Committee Releases Policy Paper Describing Options To Pay For Health Overhaul

Senate Finance Committee Chair Max Baucus (D-Mont.) and ranking member Chuck Grassley (R-Iowa) on Monday released a 41-page document outlining policy options for financing health care reform, The Hill reports (Young, The Hill, 5/18).

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Medicare Could Serve As Test For Reducing Health Care System Waste, Experts Say At Senate Finance Committee Roundtablex

At a Senate Finance Committee roundtable meeting on Tuesday, lawmakers and health care experts said health reform must change payment and delivery systems to reward providers for better quality of care and reduce wasteful spending, the AP/Philadelphia Inquirer reports.

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Senate Finance, HELP Committees Work Separately On Health Reform Bills They Will Combine In Early Summer

Aides to the Senate Finance Committee and the Senate Health, Education, Labor and Pensions Committee on Wednesday confirmed that they intend to work on different health care reform bills that will eventually be combined on the Senate floor, likely after mark ups take place in early summer, CQ Today reports.

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