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ortiga
08-24-2009, 09:33 AM
http://www.latimes.com/news/nationworld/nation/la-na-healthcare-insurers24-2009aug24,0,2392720.story

Healthcare insurers get upper hand

"In May, the Senate Finance Committee discussed requiring that insurers reimburse at least 76% of policyholders' medical costs under their most affordable plans. Now the committee is considering setting that rate as low as 65%, meaning insurers would be required to cover just about two-thirds of patients' healthcare bills. According to a committee aide, the change was being considered so that companies could hold down premiums for the policies.

Most group health plans cover 80% to 90% or more of a policyholder's medical bills, according to a report by the Congressional Research Service. Industry officials urged that the government set the floor lower so insurers could provide flexible, more affordable plans."

Lady_Jean_La
08-26-2009, 05:00 PM
In fact, many of the donations to the institute were reportedly part of a $20 million effort by drug companies, hospitals, and insurance firms on behalf of Kennedy, who was until his death the leading advocate in the Senate for overhauling the health care system.

http://news.yahoo.com/s/cq/20090826/pl_cq_politics/politics3194613

Now, the question is what will happen to all that money? That decision will have to be made by Kennedy campaign officials