health care industry

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GOP to Push Gradual, Market-Based Health Reform

Party will offer clear alternatives at summit with Obama

(Newser) - Congressional Republicans will likely bring a well-developed alternative road map to health care reform to their summit with President Obama, based on an examination of past actions. The GOP favors a far more market-oriented and less comprehensive approach to reform, according to a New York Times analysis of bills the...

Indexes Hit 2009 Highs; Dow Closes Up 54
 Indexes Hit 2009 Highs; 
 Dow Closes Up 54 
MARKETS

Indexes Hit 2009 Highs; Dow Closes Up 54

Jobless numbers, metals sector spark wide rally

(Newser) - The major stock exchanges hit highs for the year today as traders reacted positively to news that new jobless claims grew less than projected. Health care was the only sector showing broad losses, a reaction to the Senate's passage of the health care bill, the Wall Street Journal reports.
  • The
...

Health Bill Fiendishly Hard to Call
 Health Bill 
 Fiendishly 
 Hard to Call 
david brooks

Health Bill Fiendishly Hard to Call

Lack of fundamental reform makes it a narrow no for Brooks

(Newser) - David Brooks would vote no if he were a senator deciding on the health care bill today. But he admits that the pros and cons are so finely balanced that he flip-flops from week to week. The bill should be supported because it takes the deficit seriously, will provide insurance...

Dems, Not GOP, Are Party of Big Business
 Dems, Not GOP, Are 
 Party of Big Business 
JONAH GOLDBERG

Dems, Not GOP, Are Party of Big Business

Anti-free market reform is the only thing keeping fat cats alive

(Newser) - The idea that the GOP is the “party of big business” is a convenient fabrication, Jonah Goldberg writes, that handily deflects blame from the progressives who have historically been in bed with the fat cats—particularly the health care industry. Just look at GE during the Great Depression, when...

Lieberman, Bayh Wives in Bed with Health Biz
Lieberman, Bayh Wives
in Bed with Health Biz
ANALYSIS

Lieberman, Bayh Wives in Bed with Health Biz

Ties to pharma, insurers make filibuster threats suspect

(Newser) - The threats from Sens. Joe Lieberman and Evan Bayh to help filibuster any health reform bill with a public option should come as no surprise to anybody familiar with their family finances, writes Joe Conason. Lieberman's wife Hadassah spent 30 years working in the corporate health sector for pharmaceutical firms...

Dems Helped Shape Health Industry Ad Campaign
Dems Helped Shape Health Industry Ad Campaign
sausage and politics

Dems Helped Shape Health Industry Ad Campaign

Meeting raises questions about ties to big business

(Newser) - Aides to President Obama and Max Baucus met with a variety of lobbyists for corporate health care companies on April 15, to help form two industry coalitions and launch a multimillion-dollar ad campaign, Politico has learned. Though both sides insist no quid pro quo was laid out, some participants say...

Health Bill Author Baucus Reaps $1.5M From Industry

Finance chairman raked in donations while crafting measure

(Newser) - It's no secret that Capitol Hill is awash in money from the health-care industry but the amounts involved are far larger than many realize, according to a new report from a watchdog group. The Sunlight Foundation found that many senators—especially Montana Democrat Max Baucus, chair of the Senate Finance...

Baucus Bill Gives Obama a Route to Compromise
Baucus Bill Gives Obama
a Route to Compromise
Analysis

Baucus Bill Gives Obama a Route to Compromise

White House serene amidst complaints

(Newser) - It may not look like anyone’s happy with Max Baucus’ health care bill, but it has some very important backers: the health care industries it seeks to reform. Influential players who long ago struck a bargain with the Obama administration “found elements to dislike,” writes Ceci Connolly...

Liberals Ought to Ditch the Public Option
Liberals Ought to Ditch the Public Option
OPINION

Liberals Ought to Ditch the Public Option

An incentivized private market can cover everyone, at lower cost

(Newser) - Liberals need to abandon the notion that no health care reform is acceptable without a public option, former Clinton aide and health industry consultant Matt Miller writes in the Washington Post. Progressives’ top priority should be to make sure every American can access group coverage outside an employment setting, and...

Jell-No! Hospital Chow Goes Upscale

(Newser) - If an industry group's cooking competition is any indication, the Wall Street Journal reports, hospital food ain’t what it used to be. This year's winner of the National Society for Healthcare Foodservice Management's gold medal produced a “Machaca Flat Iron Steak” that met with his hospital nutritionist’s...

Health Care Is a Public Good; It's Time Dems Explain Why

'The health of each of us depends on the health of the rest of us'

(Newser) - The Democrats are in danger of losing the health care reform battle over an argument "that a novice debater would have no trouble putting down," writes Thomas Frank for the Wall Street Journal. Reformers need to directly address the role of government in health care, Frank writes, and...

To Fix Health Care, End Health Insurance

(Newser) - Everybody's thinking small on health care reform, writes David Goldhill in the Atlantic. Our system is so abysmal—the headline on his lengthy piece is "How American Health Care Killed My Father"—that it needs a radical restructuring, and that should start with insurance. Let's just stop buying...

Americans Split on Health Care Priorities: Poll

But they're divided by race, age, location, not political party

(Newser) - Americans have differing priorities for health care reform based not on a Republican/Democrat divide but on their race, age, and location, a USA Today/Gallup poll found. A majority of African-American and Latino voters among those polled think extending coverage to the uninsured should be the most important aspect of reform...

Health Industry Rains Cash on Blue Dog Dems

(Newser) - The Blue Dogs—the 52 fiscally conservative Democrats who have been fighting to kill health care reform proposals the industry doesn’t like—receive far more money from that industry than their non-coalition-member counterparts, the Washington Post reports. The reform push has been a boon for the lawmakers' ledgers; the...

Why Are Blue Dogs Derailing Health Reform?

(Newser) - The Blue Dogs are threatening to sink health care reform in the House for reasons that don't seem to add up, Paul Krugman writes in the New York Times. The coalition of conservative Democrats—whose support President Obama needs—is crying loudly about fiscal responsibility, Krugman writes, while at the...

Bayh's Wife in Deep With Health Industry

Senator says his vote unaffected by Susan's myriad board positions

(Newser) - As both sides of the health care debate court Sen. Evan Bayh's elusive vote, his wife's earnings from the industry are raising more than a few eyebrows. The Indianapolis Star  takes a look at Susan Bayh, who pulled down some $2.1 million between 2006 and 2008 for serving on...

Halperin: 7 Reasons Not to Bet Against Health Reform

(Newser) - President Obama's push for health care reform is hitting heavy turbulence, but Mark Halperin of Time lays out 7 reasons not to bet against him:
  • Nancy Pelosi, Harry Reid, and all the committee chairs "are still on board."
  • Get a bill to conference committee, and the press will
...

Dems Propose 5.4% Tax on Top Earners for Health Care

Legislation proposes paying for coverage with a new tax on the wealthy

(Newser) - And they're off: House Democrats unveiled their bill to reform the US health care system today, the Hill reports. The bill includes a government-run insurance option to cover more than 30 million uninsured Americans and would impose new taxes on the wealthy to pay for it all, notes Politico. The...

Dow Climbs 44; Oil Prices Fall
 Dow Climbs 44; Oil Prices Fall 
MARKETS

Dow Climbs 44; Oil Prices Fall

Investors await the arrival of 2nd-quarter earnings

(Newser) - Continued declines in oil and other commodities depressed equities today, but broad advances in health-care stocks offset them, the Wall Street Journal reports. Oil fell $1.58 to $64.08 a barrel and has dropped 8.4% since July 1. Many traders are holding off on big bets until the...

Baucus Hustles Health Industry for Savings

'Shakes down' docs, hospitals, pharma to help trim cost of plan

(Newser) - Max Baucus is “shaking people down” to pay for health care reform, one industry insider tells Politico, pressuring hospitals, insurers, pharmaceutical companies, and doctors to find savings. “They’re playing hardball, and they’re serious about it,” the insider says. The drug maker trade group PhRMA has...

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