Word: caps
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...Recognizing that their bill was just an opening gambit, the two House Democrats notably left open one of the most controversial questions: whether, under a carbon cap-and-trade system, to auction off pollution credits to companies, as Obama's plan would do with 100% of them, or to give away some or all at no cost. If even a portion of the credits are auctioned off, the scheme could produce hundreds of billions of dollars in revenues, since almost every big company in America would need to buy the credits to initially comply with the more stringent standards...
...premiums. Because insurance markets are state-by-state entities with disparate regulations, residents of certain states - such as Montana, West Virginia and Texas - pay a higher hidden tax than others. "A hospital seeks out dollar figures when it can," says report author Peter Harbage, a health-care analyst at CAP...
...census data. That means, amid the current economic downturn, that as the number of uninsured Americans rapidly grows, this so-called hidden tax could be much higher than the findings suggest. In December and January alone, as many as 14,000 people per day lost their insurance coverage, the CAP study shows. A second report, released earlier this month by the nonprofit Families USA, found that about 87 million people - roughly 1 in 3 Americans - went without health insurance for some period between 2007 and 2008. "The huge number of people without health coverage is worse than an epidemic," says...
...Harbage's organization has close ties to the Obama Administration; its head, John Podesta, is a key adviser to the President, who has kept health-care reform high on his domestic-policy agenda. Without reform, the CAP report estimates, families will be paying $1,300 in additional costs annually...
...health-insurance industry - including America's Health Insurance Plans and the Blue Cross and Blue Shield Association - indicated it would be willing to stop charging higher premiums to people with a history of medical problems if all Americans were required to purchase health plans. Such a measure, as the CAP report suggests, could be the first step to saving all Americans money...