Word: carefuls
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...Administration's arguments for the substance of their proposals mask political concerns as well. With Obama's health-care reform and cap-and-trade legislation facing uncertain futures, the White House may need a win on one big issue by December. "What's [the media] going to say about Obama's first year?" says another top regulatory official. "If I were the Administration, I'd want to get to the Rose Garden with something, something that looks significant." (See the top 10 key players in health-care reform...
...return for the support of one potential foe, the pharmaceutical industry, the Obama Administration reportedly made a side deal to limit drug spending cuts in any health-care reform bill to $80 billion. According to the New York Times, the Administration reaffirmed the deal after the drugmakers expressed concern that Congress might push for even bigger cuts...
Insurance companies have always been an effective villain in the health-care-reform debate, but this year the industry thought things might be different. Recognizing the growing sentiment for some kind of change and fully aware that universal coverage would help bulk up their rolls as baby boomers age into the Medicare system, private insurers early on declared their (albeit qualified) support for President Obama's health-reform effort. So when word came last month that the Democrats were drawing up a new public-relations battle plan, the insurance companies were sent reeling - and seemed to be caught off-guard...
...industry's opposition to Democratic reform proposals goes far beyond the public option, which it believes will have an unfair, government-afforded advantage over insurers, and the industry is quietly lobbying for legislative language changes that could have major consequences. (Read TIME's special report "What Health-Care Reform Really Means...
...couldn't do business at 2 to 1. The younger people's premiums would just be too high," says Charles Kahn, president of the Federation of American Hospitals, a lobbying group for investor-owned hospitals, and a former lobbyist for the insurance industry during Bill Clinton's health-care reform battle in the 1990s. Essentially, a wider "age band," like the 5-to-1 ratio insurers favor, would allow them to charge higher amounts to middle-aged people not yet old enough to qualify for Medicare, while keeping younger people's premiums much lower. In a recent letter to Henry...