Navigation Links
Teamsters Oppose Baucus Plan to Tax Health Insurance Companies

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:
(Date:10/12/2015)... ... October 13, 2015 , ... Career Step, an online ... of its new Professional Medical Coding and Billing with Applied PCS career training ... ICD-10-PCS code sets, earn the Certified Professional Coder (CPC) and Certified Coding Associate ...
(Date:10/12/2015)... , ... October 12, 2015 , ... ... August 19, 2015, high school aged female athletes, particularly in the area of ... repetitive motion and mechanical overuse injuries than male peers in the same age ...
(Date:10/12/2015)... Los Angeles, CA (PRWEB) , ... October 12, 2015 , ... ... 7th, the Fire Chief for the city of San Antonio, Texas recommended that any ... retrofitted to incorporate these important safety systems going forward. The article explains that it ...
(Date:10/12/2015)... ... October 12, 2015 , ... AcousticSheep LLC, ... Cleveland Clinic in honor of Breast Cancer Awareness Month. During the month ... will donate a SleepPhones® Classic product to a breast cancer patient at the ...
(Date:10/12/2015)... (PRWEB) , ... October 12, 2015 , ... On July ... MN. Their mission: To paddle the entire 2,320-miles of river to the Gulf of ... halfway done with the monumental journey, with two months remaining for a November 22nd ...
Breaking Medicine News(10 mins):
(Date:10/12/2015)... 12, 2015 Device usage in healthcare continues ... integrate these devices into existing clinical workflow. In response, ... and mobility solutions, has launched the SV10 series of ... a wide array of laptops and tablets. In addition, ... exclusively for Microsoft Surface and is compatible with all ...
(Date:10/12/2015)... October 12, 2015 ... to grow at 7.2% CAGR, microscopy market ... rising focus on nanotechnology, technological advancements, and ... report available with ... . --> Complete report on ...
(Date:10/12/2015)... Oct. 12, 2015 Indivior PLC (LON: INDV) today ... Delaware granted the Company,s motion to ... New Drug Application (ANDA) No. 205299 to market a generic ... naloxone) Sublingual Film (CIII) in the United States ... Since August 2013, Indivior has received Paragraph IV certifications from ...
Breaking Medicine Technology: