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:5/24/2016)... ... May 24, 2016 , ... ... services today announced a strategic partnership with Five9 (Nasdaq: FIVN), a leading ... one of Avaya’s largest Platinum Business Partners, is a leading provider of ...
(Date:5/24/2016)... ... May 24, 2016 , ... How to Write Error Free Procedures, **Presented by ... , Human error is known to be the major cause of quality and production ... totally eliminated, many human performance problems can be prevented. , How to Write Error ...
(Date:5/24/2016)... Grand Bahama (PRWEB) , ... May 24, 2016 , ... ... pace. Such breakthroughs in adult stem cell therapy technology, protocols and patient results as ... this emerging field to become a more accessible standard of care for patients worldwide. ...
(Date:5/24/2016)... ... May 24, 2016 , ... Physical therapy ... focuses on repairing the musculoskeletal and neuromuscular systems of the human body without ... NYDNRehab began providing treatments for physical therapy in New York, including dynamic ...
(Date:5/24/2016)... , ... May 24, 2016 , ... A newly released ... heavily on their access to trusted resources, both in face-to-face interactions and online. In ... of Color,” researchers concluded that the creative use of mobile digital devices can be ...
Breaking Medicine News(10 mins):
(Date:5/23/2016)... New York , May 23, 2016 ... market report titled, " Exocrine Pancreatic Insufficiency Market - ... 2013 - 2023 ." According to the report, the ... a CAGR of 8.3% from 2015 to 2023 to ... insufficiency (EPI) is a condition characterized by the deficiency ...
(Date:5/23/2016)... 23, 2016 Clarifying Vision - ... Monitoring, and Vision Care What can be ... going to grow at the fastest rates? This ... assessing data, trends, opportunities and prospects. ... Discover the most lucrative areas in the industry and ...
(Date:5/23/2016)... Non-invasive diagnostic test realizes the ... ,Technology to be presented at Yissum’s booth, at IATI-BIOMED ... Company of the Hebrew University of Jerusalem announced ... Aurum Ventures MKI, the technology investment arm of Morris ... approach for early detection of multiple diseases by analyzing ...
Breaking Medicine Technology: