Word: baucus
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...whether it delivers on the promise of curbing soaring costs and providing coverage for the nearly 50 million uninsured. Though most everyone recognizes that the Federal Government can't impose a rigid approach, some critics say the crucial version of legislation that is expected to pass Senator Max Baucus' Finance Committee in the next week - it is widely considered the closest version to what will eventually reach the President's desk - may go too far in the other direction. "To leave a lot of these responsibilities to the states will create a patchwork mess," says Jacob Hacker, a political science...
...While governors are primarily focused on how their already hurting state budgets could be strained by the expansion of the Medicaid program that is proposed in all the health bills, there are other key responsibilities that could fall to them under the Baucus bill. Most important, the all-important exchanges - Web-accessible marketplaces in which individuals and small groups could compare and shop for private insurance - would be established state by state. By contrast, the House bill would create a national exchange. Instead of a national public insurance plan - the controversial "public option" that is included in both the Senate...
...Going one step further, Oregon Senator Ron Wyden got an amendment passed that would allow states to opt out of parts of federal health reform if they could "provide health-care coverage that is at least as comprehensive" as provided for in the Baucus bill and prove their state proposal "would lower health-care-spending growth, improve the delivery-system performance, provide affordable choices for all its citizens, expand protections against excessive out-of-pocket spending, provide coverage to the same number of uninsured and not increase the federal deficit." Another Finance Committee member, Delaware Senator Thomas Carper, is reportedly...
More than 500 amendments have been submitted for the 10-year, $856 billion health-care bill proposed by Senate Finance Committee chairman Max Baucus, but it remains to be seen how many will make it in. While the Montana lawmaker has said he doesn't expect to materially alter the bill's structure, he plans to use the markup period to address concerns from fellow Democrats over its cost. Baucus not only must keep the 13 Democrats on the 23-member committee on board but also hopes to woo Senator Olympia Snowe, the sole Republican member expected to vote...
...told Pelosi that the Medicare-pegged rates would lead to $110 billion in savings over 10 years, while negotiated rates would save only about $25 billion. Pelosi, who is trying to whittle the House bill down from its $1.1 trillion price tag closer to the $900 billion that both Baucus and Obama are targeting, is hoping to use these CBO estimates to convince Democrats who oppose a public option to come on board...