Friday, October 30, 2009

Business is Not Whispering





Big U.S. Companies Balk at Health Care Public Option

Excerpt: "Some of the nation's largest companies pushed back against U.S. Democrats' plans to deliver a government-run insurance option in a healthcare overhaul, decrying it as a step backward that would drive up costs for employers and their workers. The Business Roundtable, comprised of chief executives at Verizon Communications . . ., JPMorgan . . ., General Electric . . ., Wal-Mart . . . and other companies that together employ more than 12 million people, said the federal government is inefficient and would underpay providers. That would result in providers boosting prices for private insurers and employers, the group said on Wednesday." (Reuters)





Business Groups Push Hard Against the Senate Health Reform Bill

Excerpt: "Lobbyists for employers thought they had staved off a public plan in the Senate after the Finance Committee opted not to include the idea in its version of the health legislation. They were caught by surprise when the public plan resurfaced and Majority Leader Harry Reid (D., Nev.) said it would be in the bill brought to the Senate floor, albeit with an option for states not to participate." (The Wall Street Journal)



Constitutionality of Health Overhaul Questioned: Legal Scholars Divided Over Congress' Authority

Excerpt: "On top of all the other obstacles facing President Obama in his quest to pass health reform is this one: Does the U.S. Constitution allow the government to require uninsured Americans to buy medical insurance or impose a tax penalty if they refuse? Congress has never before required citizens to purchase any good or service, but that is what both House and Senate health bills would mandate." (The Washington Times)

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