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JPMorgan dives back into fixing health care with new venture | iNFOnews | Thompson-Okanagan's News Source infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.
A public option and a Medicare buy-in may be two of the Biden administration’s best-known health care initiatives, but a consultant said the partisan nature of today’s Congress means “they don’t have a chance” of becoming reality anytime soon. Dan Mendelson, founder of Avalere Health, and Anne Phelps, U.S. health care regulatory leader with Deloitte & Touche, gave their views on the 2021 health care outlook beyond COVID-19. They spoke during America’s Health Insurance Plans’ National Health Policy Conference on Wednesday. Mendelson said that with Democrats holding a razor thin majority in Congress, and with some Democrats having misgivings on expanding the government’s role in health care, there is not enough support in Congress for a public option or Medicare buy-in. ....
Budget analyses also suggest it is a pricey way to try to herd people into the exchanges, with about $35 billion needed to get 1.3 million people newly insured. The proposal is temporary, lasting two years, and is overshadowed by the $1.9 trillion price tag of the overall bill. And it is not as ambitious as Mr. Biden’s campaign push for a “public option” or a lower Medicare-eligibility age, though it’s a big overhaul that speaks to Democrats’ desire to fix glaring affordability problems in their signature health law. Obamacare offered subsidies to people who shopped on web-based exchanges and earned 100%-400% of the federal poverty level. Mr. Biden’s proposal would boost those subsidies across the board, allowing people earning near poverty to get a mid-tier silver plan with a $0 premium. ....
Joe Biden, Democrats aim to expand Obamacare in COVID-19 relief package washingtontimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtontimes.com Daily Mail and Mail on Sunday newspapers.
White House picks Brooks-LaSure to head Medicare, Medicaid, with big challenges ahead biopharmadive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biopharmadive.com Daily Mail and Mail on Sunday newspapers.