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• Served one term in the Alaska State Senate from 1996 to 2000, co-chairing the powerful Senate Finance Committee.

Author: /time Magazine | Title: Sean Parnell: Alaska's New Governor | 7/28/2009 | See Source »

Now, taxing insurance companies? That's a little easier to sell to voters, which helps explain why the powerful Senate Finance Committee has reportedly pivoted from taxing workers to embracing a plan to tax the insurers who offer the most expensive health-insurance plans. Doing so would generate some tax...

Author: /time Magazine | Title: Taxing Pricey Insurance: No Health-Care Cure | 7/28/2009 | See Source »

The idea for an excise tax on insurers was put forth by Finance Committee member Senator John Kerry and modeled on a similar 1994 proposal from Senator Bill Bradley. President Obama has said as recently as July 22 that he's open to capping the tax benefit on health plans...

Author: /time Magazine | Title: Taxing Pricey Insurance: No Health-Care Cure | 7/28/2009 | See Source »

The Senate Finance Committee has not yet introduced draft legislation, so it's still unclear what level of Cadillac health benefits would be taxed under the Kerry proposal. But those familiar with the committee's discussions say the tax threshold could be based on either what federal-employee benefits cost...

Author: /time Magazine | Title: Taxing Pricey Insurance: No Health-Care Cure | 7/28/2009 | See Source »

Hard to believe, but money is actually only half the problem. The flip side of cutting costs is adding coverage for the nearly 50 million uninsured Americans. To that end, both the House and Senate HELP bills include a public plan that would compete with existing private plans - a highly...

Author: /time Magazine | Title: The Five Biggest Hurdles to Health-Care Reform | 7/27/2009 | See Source »

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