Friday
Dec112009
Democrat Courtney Dismisses Proposed Tax On "Cadillac" Plans
By John DuBois - University of New Mexico/Talk Radio News Service
In a press conference Friday to discuss a Senate proposal to tax so-called "cadillac" health insurance plans, U.S. Rep Joe Courtney (D-Conn.) slammed the idea, saying it would create a "burden" for middle-class Americans.
"Cadillac" plans, characterized as the costliest of employer-based health insurance plans, would be subject to higher excise taxes under new reform measures being pushed by Senate Democrats.
Courtney, who was joined at the podium by Roland McDevitt, director of healthcare research for the consulting firm Watson Wyatt, expressed optimism that a Thursday meeting with Union leaders and workers would result in more support for the healthcare bill he helped pass in the House.
“What I think [the] session demonstrates, is that the Senate proposal, when you really scrutinize it, will result in a much higher burden to middle class families,” Courtney said. “This meeting today... I think really gave us a lot of policy reasons and political reasons about why the House position is better.”
“The Senate bill would impose a 40 percent excise tax on any premiums that exceed $8,500 for single coverage and $23,00 for family coverage in 2013,” said McDevitt.
Courtney added that his concern over the provision is shared by many across the country who argue that such a tax would force insurance companies to pass on higher costs to customers.
In a press conference Friday to discuss a Senate proposal to tax so-called "cadillac" health insurance plans, U.S. Rep Joe Courtney (D-Conn.) slammed the idea, saying it would create a "burden" for middle-class Americans.
"Cadillac" plans, characterized as the costliest of employer-based health insurance plans, would be subject to higher excise taxes under new reform measures being pushed by Senate Democrats.
Courtney, who was joined at the podium by Roland McDevitt, director of healthcare research for the consulting firm Watson Wyatt, expressed optimism that a Thursday meeting with Union leaders and workers would result in more support for the healthcare bill he helped pass in the House.
“What I think [the] session demonstrates, is that the Senate proposal, when you really scrutinize it, will result in a much higher burden to middle class families,” Courtney said. “This meeting today... I think really gave us a lot of policy reasons and political reasons about why the House position is better.”
“The Senate bill would impose a 40 percent excise tax on any premiums that exceed $8,500 for single coverage and $23,00 for family coverage in 2013,” said McDevitt.
Courtney added that his concern over the provision is shared by many across the country who argue that such a tax would force insurance companies to pass on higher costs to customers.
Obama Meets With Senate Democrats Over Health Care Reform
As the debate over the Senate's health care reform bill enters what could be its final stages, President Barack Obama met with Senate Democrats at the White House Tuesday to shore up support for the much fought-over legislation.
“This was a broad based discussion about how we move forward. Whatever differences remain, there is broad consensus around reforms that will finally.....protect every American from the worst practices in the health industry,” said Obama in remarks following the closed-door meeting.
“If we don’t get this done your premiums are gauranteed to go up,” added Obama.
Despite facing challenges from centrist Senators like Joe Lieberman (I-Conn.), who recently rejected a proposed compromise that would scrap a public option for the expansion of Medicare eligibility, the president voiced his assurance that the legislation will pass.
“I’m absolutely confident that if the American people know what is in this bill and if the Senate knows what is in this bill, it will pass, because it’s right for America,” said Obama.
The president delivered his remarks accompanied by Senate Democratic leadership, including Senate Majority Leader Harry Reid (D-Nev.), Senate Majority Whip Dick Durbin (D-Ill.), and Chairmen of the Finance and HELP Committees, Max Baucus (D-Mont.) Chris Dodd (D-Conn.) respectively.