Navigation Links
Teamsters Oppose Baucus Plan to Tax Health Insurance Companies
Date:9/16/2009

Hoffa Denounces 35 Percent Excise Tax on Higher-Cost Plans

WASHINGTON, Sept. 16 /PRNewswire-USNewswire/ -- Teamsters General President Jim Hoffa today said the proposal to impose a 35 percent tax on insurers for individual health insurance plans worth more than $8,000 is unfair and unnecessary.

The proposal, introduced by Senate Finance Committee Chairman Max Baucus, would also levy the 35 percent tax for family plans worth $21,000.

"We're pleased that Sen. Baucus stopped short of taxing American workers directly, but we fear that ultimately they will pay the price in higher-cost insurance," Hoffa said. "Middle-class wage earners cannot afford to pay more for health insurance than they already do. We much prefer the House plan, which would pay for expanded coverage by imposing a surcharge on those who can afford it - the wealthiest Americans."

"We will fight to convince the conference committee to drop this excise tax," he said.

Hoffa said the proposal misses the point that many plans are expensive because insurers have too much market power, not because they offer more health care than cheaper plans.

Hoffa also said the plan includes some laudable proposals, and he welcomed the progress toward insurance-market reform that is so urgently needed.

"We're pleased that the plan eliminates lifetime limits on coverage," Hoffa said. "But we're disappointed that it doesn't include a requirement that employers provide coverage for their employees."

"We do applaud his efforts to expand Medicaid to cover anyone with income less than 133 percent of the poverty level, including childless adults," Hoffa said.

Hoffa said the Teamsters support the House plan and the Senate Health, Education, Labor and Pensions Committee plan.

Founded in 1903, the International Brotherhood of Teamsters represents 1.4 million hardworking men and women in the United States, Canada and Puerto Rico.


'/>"/>
SOURCE International Brotherhood of Teamsters
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Teamsters Applaud Passage of Legislation to Protect Workers From Diacetyl Exposure
2. Teamsters Warn of Possible Work Stoppages, Service Disruptions at AmerisourceBergen
3. Paramedics, EMTs in Oregon, Washington State Ratify First-Ever Teamsters Contract
4. West Virginia Teamsters Kick Off Miller Beer is Tasteless Protests
5. Teamsters, Area Unions Rally in Support of Rural/Metro Workers
6. Teamsters, Rural/Metro Reach Tentative Agreement
7. Teamsters Call on United Way to Aid Frontline Blood Drive Workers
8. Teamsters Launch Campaign To Support Health Care Reform
9. Teamsters Call on Whole Foods, UNFI to Support Health Reform
10. New lung cancer guidelines oppose general CT screening
11. New Lung Cancer Guidelines Oppose General CT Screening
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/24/2017)... ... 23, 2017 , ... Somnoware, a leading provider of digital ... to automatically connect and initialize all their devices with one click. This new ... installed on first use and then monitors device changes automatically. With this new ...
(Date:1/23/2017)... ... January 23, 2017 , ... PKF O’Connor Davies , LLP, the nation’s ... accountant at the Firm, will participate in the 40th Annual "Empire State Building Run ... race up 1,576 steps, a vertical distance equal to about a fifth of a ...
(Date:1/23/2017)... (PRWEB) , ... January 23, 2017 , ... ... the highly acclaimed series, Innovations with Ed Begley, Jr., scheduled to broadcast Saturday, ... technology behind SmartCap, which was founded in 2008 to address the limitations of ...
(Date:1/23/2017)... ... January 23, 2017 , ... ... taught by healthcare management and evaluation leaders with decades of experience who remain ... in the United States healthcare system, there is a renewed demand for versatile, ...
(Date:1/23/2017)... ... January 23, 2017 , ... Zachary ... will serve as a healthcare industry expert at the 2017 Sector Summit hosted ... by Inside Indiana Business host Gerry Dick, will feature an employer and an ...
Breaking Medicine News(10 mins):
(Date:1/23/2017)... , Jan. 23, 2017 Endo International ... Trade Commission (FTC) today filed a joint motion in ... California seeking the entry of ... Order resolves all disputes between the FTC and Endo ... in connection with its Opana® ER and Lidoderm® products.  ...
(Date:1/23/2017)... YORK , Jan. 23, 2017 MouthWatch LLC ... Camera was ranked as the best intraoral camera on ... taking the #2 spot overall. The #1 product was the ... said the MouthWatch intraoral camera was "…incredibly popular because it ... the camera has a small sticker price, it doesn,t sacrifice ...
(Date:1/23/2017)... , Jan. 23, 2017  Allergan plc, (NYSE: ... continued support of the International Headache Academy (IHA). Designed to ... and research scientists, IHA offers a three-day, intensive overview on ... Allergan has been the sole sponsor since the inception of ... and iHEAD in Europe in 2014. ...
Breaking Medicine Technology: