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04-21-2010, 11:14 PM #1
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Where's the Hundreds of Billions Healthcare Savings? Next Up
Wednesday, April 21, 2010
Where's the Hundreds of Billions in Healthcare Savings? Next Up - Price Controls
In a battle of political will vs. common sense, political will won out as it usually does. The healthcare bill was supposed to save hundreds of billions of dollars but proponents of the bill, especially president Obama never explained how.
Already costs are spiraling out of control, so much so that Congress is resorting to price controls to prevent excessive rate hikes by insurers.
Please consider Senate Bill Sets a Plan to Regulate Premiums http://www.nytimes.com/2010/04/21/healt ... ealth.html
Fearing that health insurance premiums may shoot up in the next few years, Senate Democrats laid a foundation on Tuesday for federal regulation of rates, four weeks after President Obama signed a law intended to rein in soaring health costs.
Mr. Harkin praised a bill introduced by Senator Dianne Feinstein, Democrat of California, that would give the secretary of health and human services the power to review premiums and block “any rate increase found to be unreasonable.â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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