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:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... ... DevOps and Agile Software Development, has been awarded a contract by the Center ... Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies in ...
(Date:10/12/2017)... Del. (PRWEB) , ... October 12, 2017 , ... ... and advisory services for healthcare compliance program management, will showcase a range of ... National Association for Assisted Living (NCAL) Convention and Expo to be held October ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... meet the demand of today’s consumer and regulatory authorities worldwide. From Children’s to ... and tested to meet the highest standard. , These products are also: ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... a leader in post-acute health care, have expanded their existing home health joint ... Health. , AccentCare has been operating a joint venture home health company with ...
(Date:10/12/2017)... ... ... HMP , a leader in healthcare events and education, today announced that ... ‘Best B-to-B Healthcare Website.’ Winners were announced during the Eddie & Ozzie Awards luncheon ... editorial and design excellence across a range of sectors. This year’s program included the ...
Breaking Medicine News(10 mins):
(Date:9/27/2017)... 2017  Commended for their devotion to personalized service, SMP ... number one in the South Florida Business Journal,s 50 Fastest-Growing ... yearly list, the national specialty pharmacy has found its niche.  ... will soon be honored by SFBJ as the 2017 Power ... Set to receive his award in October, Bardisa said of ...
(Date:9/25/2017)... Sept. 25, 2017  EpiVax, Inc., a leader ... and immune-engineering today announced the launch of EpiVax ... of personalized therapeutic cancer vaccines. EpiVax has provided ... access to enabling technologies to the new precision ... lead EpiVax Oncology as Chief Executive Officer. Gad ...
(Date:9/22/2017)... -- AVACEN Medical (AVACEN) announced that its CE-Marked AVACEN ... with the widespread pain associated with fibromyalgia in the ... Essex, England commented, "I had difficulty ... sleep at all, tremendous pain, with every movement sending ... AVACEN 100] enough, how this has and is helping ...
Breaking Medicine Technology: