The New York Times (4/27,
Pear) reports, "When major companies declared that a provision
of the new health care law would hurt earnings, Democrats were
skeptical," yet, "after investigating, House Democrats have
concluded that the companies were right to tell investors and
the government about the expected adverse effects of the law on
their financial results." The Times adds, "At issue is a section
of the law that eliminates a tax break available to companies
that provide drug benefits to retirees as part of their
insurance coverage." To date, "at least 40 companies have taken
charges against earnings that total $3.4 billion since the law
was signed." Some, like Verizon and Caterpillar, say that the
provision could cause companies to stop providing healthcare
coverage for employees.
Stakeholders Seek To Influence HHS Implementation Of Healthcare
Law.
USA Today (4/27, Fritze)
reports, "The debate in Congress over President Obama's health
care law is done," but the "battle over how to carry out the law
is just getting started." As a result, "dozens of
special-interest groups that helped shape the 10-year, $938
billion health care measure over the past year...are gearing up
for a second wave of lobbying as the Obama administration
prepares to implement the law." The Chamber of Commerce, which
opposed the measure, "is fighting to protect businesses that
might be required to provide insurance," while AHIP "is
providing data and suggestions" to HHS. Notably, HHS "declined
to discuss industry attempts to influence implementation, but
Secretary Kathleen Sebelius said in a statement that the
department is 'working closely with states, insurers, providers,
and other partners...we want to hear from everyone."
The New York Times (4/27,
Rabin) reports, "Of all the changes wrought by the new health
care law, none is more sweeping than the transformation of
Medicaid -- from the government's health insurance plan for poor
families into a much wider program for millions of the poorest
Americans who cannot afford insurance on their own." It is
estimated that "of the 32 million uninsured Americans expected
to gain health coverage under the new law, as many as 20 million
will be insured by Medicaid. ... Asset tests will be largely
eliminated, so workers who lose their jobs can get health
coverage even if they own their homes," although "illegal
immigrants will not be eligible." The Times adds, "Absorbing
that many people into the system will not be easy," particularly
since states are dealing with budget shortfalls.
Indiana Governor Says Medicaid Expansion Will Result In 50% More
Enrollees.
The Indianapolis Star (4/27,
Groppe) reports, "Gov. Mitch Daniels has made an eye-popping
prediction about the impact of the new health-care overhaul law
on Indiana's Medicaid rolls." He "said the state's actuary
determined that Medicaid enrollment will increase by almost 50
percent, resulting in nearly one in four Hoosiers getting
coverage through the joint state and federal health program for
the poor." Notably, these estimates "are much higher than the
27.5 percent increase that the nonpartisan Congressional Budget
Office has projected nationally for Medicaid."
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