Word: hmos
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Dates: during 2000-2009
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PLAN: Give uninsured families a $2,000 tax credit to help purchase insurance. Pass a patients' bill of rights with a restricted right to sue HMOs. Turn Medicare into an insurance subsidy, giving seniors money for private insurance and prescription-drug coverage...
IMPACT: A patients' bill with such a limited right to sue keeps lawsuits from driving costs up but leaves patients little recourse if HMOs don't play fair. Privatizing Medicare will help cure its long-term financial troubles, but it risks creating a class system: full coverage for wealthy and low-income seniors, while those in the middle struggle to afford plans with prescription coverage...
...ascribed in part to George W. Bush's slim but unblinking lead in the national polls since the debates. Investors in index component Microsoft, mindful of which administration owns the Justice suit, have pushed the stock up from $48 to past $70 in the last three weeks. Pharmaceutical stocks, HMOs, defense and tobacco stocks (Bush is against that suit too) are all perking up. Friday's stumble in those sectors, after such a promising week, was being blamed in part on the after-hours announcement Thursday of Bush's DUI conviction. Call it a profit warning...
PLAN: Give uninsured families a $2,000 tax credit to help purchase insurance. Pass a patients' bill of rights with a restricted right to sue HMOs. Turn Medicare into an insurance subsidy, giving seniors money for private insurance and prescription-drug coverage...
...IMPACT: A patients' bill with such a limited right to sue keeps lawsuits from driving costs up but leaves patients little recourse if HMOs don't play fair. Privatizing Medicare will help cure its long-term financial troubles, but it risks creating a class system: full coverage for wealthy and low-income seniors, while those in the middle struggle to afford plans with prescription coverage...