Benefits

Baucus Panel Making Headway on Health Care Reform Package

By Staff Report

Jul. 22, 2009


Senate Finance Committee Chairman Max Baucus, D-Montana, said that a bipartisan team of negotiators have locked down “two major issues” that will be part of the broad framework for health care reform, but he declined to provide details.


“We’re making significant headway,” Baucus told reporters. “I’m probably more upbeat and optimistic now compared to where we were earlier.”


Emerging from a closed-door meeting, Baucus said the group focused on insurance issues, including cost and coverage questions that have arisen over individual and employer mandates.


Meanwhile, the committee is searching for ways to bridge a $100 billion to $200 billion gap in financing the legislative package, which likely will cost about $1 trillion over the next decade.


Sen. Kent Conrad, D-North Dakota, said that several tax options are being considered, two of which would focus on the subsidies for health care coverage.


“One discussion has been having some levy applied to plans that are worth more than $25,000 a year,” he said, adding that only about 1 percent of plans would apply under that benchmark. “Another option is to have a levy on companies that issue those kinds of plans.”


The latter proposal would not directly affect the individual who has that type of coverage, Conrad said.


The group plans to meet throughout the day on Wednesday, July 22, to review policy and financing options.



Filed by Matthew DoBias of Modern Healthcare, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.



Workforce Management’s online news feed is now available via Twitter.

About Workforce.com

blog workforce

We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.

Book a call
See the software

Related Articles

workforce blog

Benefits

EEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instances

If you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...

ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated

workforce blog

Benefits

Fixing some common misconceptions about HIPAA

Ever since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...

COVID-19, health care, HIPAA, human resources, wellness

workforce blog

Benefits

We are in the midst of a public mental health crisis; how employers can help

Do not ignore these issues or your employees who are living with them. Mental health illnesses are no d...

ADA, benefits, Coronavirus, FMLA, mental health, paid time off