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:2/10/2016)... ... February 10, 2016 , ... 10 Best Water is excited to ... water brand owners that topped the list as a result of their commitment to ... premier brand was Tibet 5100, a top notch water company that specializes in providing ...
(Date:2/10/2016)... ... February 10, 2016 , ... Intalere’s 2016 ... more than 200 of the country’s top healthcare executives to share insights on ... benefit of the Forum is the provider-centric perspective, experience, expertise and strategy shared ...
(Date:2/10/2016)... ... February 10, 2016 , ... Armune BioScience ... across their network of laboratory service centers across the country. Launched in April of ... in the detection of prostate cancer. Apifiny order volume exceeded 3,000 tests in 2015. ...
(Date:2/10/2016)... ... February 10, 2016 , ... ... the Ohio Safety Congress and Expo event March 9-11, 2016. Hosted by Ohio's ... Convention Center. , As the longest running and largest worker's compensation event ...
(Date:2/10/2016)... ... February 10, 2016 , ... ... February 26th: Amateur & Professional Divisions - Time: 7:00pm – 10:00pm | ... | Ticket Prices $30, Social Media: http://www.USPoleSportsFed.org , Facebook: http://www.facebook.com/uspolesportsfederation ...
Breaking Medicine News(10 mins):
(Date:2/10/2016)...  Resolve Therapeutics, LLC, a clinical stage biopharmaceutical ... treatment of lupus and Sjogrens syndrome, today announced ... study in patients with systemic lupus erythematosus (SLE) ... --> --> Data from a ... of RSLV-132 in 32 subjects with SLE demonstrate ...
(Date:2/10/2016)... 2016 Immune Pharmaceuticals Inc. (NASDAQ: IMNP ... it has filed a patent application directed to the ... --> --> The new ... Ceplene (histamine dihydrochloride) in combination with immune checkpoint inhibitors. ... efficacy of Ceplene and IL-2 therapy in patients with ...
(Date:2/10/2016)... A Worldwide Clinical Trials expert will present at ... Plaza in London , 24-25 February 2016. ... advances for late phase research on Wednesday, 24 Feb at ... director of project management at Worldwide, will focus on how ... standards in late phase research. --> ...
Breaking Medicine Technology: