Posts Tagged - ‘barack obama’

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Obama Didn’t Realize Affordable Health Insurance Reform Would Be So Hard

Monday, November 8th, 2010

Image: Beverly & Pack under CC 3.0

After his party’s drubbing in the midterm elections, President Obama is Monday-morning quarterbacking. In an exclusive interview with 60 Minutes, he admitted that he didn’t expect the passage and implementation of affordable health insurance reform to have such a high political cost.

Many would consider this view naive, given that presidents have struggled with the complex system for decades. Also, there are many interest groups heavily involved, with a major stake in the issue.

According to Obama, he assumed that his incorporation of proposals previously advanced by Republicans such as Mitt Romney would help bring about some compromise with the GOP. As it turns out, the final product ended up pleasing few: progressive Democrats wanted more, while conservatives wanted far less.

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Obama Warns Insurers Against Circumventing Healthcare Reform

Tuesday, June 22nd, 2010

Image: cliff1066™ under CC 3.0

Health insurance companies are preparing for the impact reform will have on them. Some of this preparation is gaining negative attention from President Obama–namely, increasing their rates severely before healthcare reform takes effect and significantly limits their ability to do so. Since the law will keep them from increasing rates solely for profit-maximizing purposes, they ideally want to have the highest floor before it becomes effective.

Today, he is holding a meeting at the White House to drive this point home further. Although the federal government doesn’t gain direct control over regulating health insurance plans, it gains more oversight responsibility. Their worst-case scenario is that insurers increase their rates before provisions begin taking effect this summer, while blaming the legislation for forcing them to make those moves.

The president of industry lobbying group America’s Health Insurance Plans, as well as executives from 13 health insurers and several state insurance commissioners, will attend the meeting. It is unclear whether it will have any actual impact on their actions. Some believe the summit is more of a political move, intended to protect Democrats against blowback in the midterm elections.

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Healthcare Reform Reduces Tanning Bed Use

Wednesday, June 9th, 2010

Image: elgin.jessica under CC 3.0

A provision of the Obama administration’s healthcare reform kills two birds with one stone: a 10% tax on UV tanning beds raises money to fund the legislation, while simultaneously discouraging a practice that increases the risk of developing skin cancer.

Even tan addicts are either giving up their habit or switching to safer spray tans: none other than reality TV star Snooki of MTV’s Jersey Shore fame says that she’s scaled back due to the tax, although she can certainly afford it now. According to her, Obama’s presidential rival Sen. John McCain wouldn’t have targeted the cast of her show with the tax.

That’s certainly possible, because McCain didn’t support comprehensive affordable health insurance reform. However, it’s doubtful that he–as a melanoma survivor–was doing it for Snooki and co.’s benefit.

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