Word: reformer
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...horse. Many health-care analysts hope to see more details of the President's plan during a White House health-care summit expected at the end of next week - but they may be looking toward the wrong end of Pennsylvania Avenue. Unlike the failed 1994 Clinton health-care-reform effort, this isn't going to be a bill that the Executive Branch drafts in isolation and then tries to ram down the throats of Congress. Instead, Congress - particularly a working group convened by longtime health-care-reform advocate Senator Edward M. Kennedy - is working on a consensus solution following...
...held biweekly meetings that feel somewhat like a college class - albeit the most advanced seminar on health policy on the planet. There's a curriculum for each of the two-hour sessions; topics have ranged from benefits packages and employer mandates to tax treatment of health insurance, payment reform and prevention and wellness. Although they are about halfway through the agenda, participants say progress has already been made. The group agrees on broad principles like a focus on prevention, a commitment to cutting costs and universal coverage approached through the expansion of employer plans. But the group...
...speak anonymously about some of the progress that has been made. Most were eager to praise the new momentum Obama has breathed into the talks this week, including the breakout session on health in his fiscal-responsibility summit on Monday, the underlining of his commitment to health-care reform in his address to the joint session of Congress on Tuesday and in his budget announcement on Thursday, and his announcement of a health-care summit for next week. "This is a frank and respectful discussion that essentially began in earnest on Monday," says Dr. Nancy Nielsen, president...
...Dodd, who often sits in on the meetings in case Kennedy, who is battling brain cancer, can't participate, has said he expects to see legislation introduced by Memorial Day. Kennedy monitors the progress by telephone from home. Senate Finance Committee chairman Max Baucus, who has called health-care reform his top priority this year and is working hand-in-hand with Kennedy - Baucus' staff has often been in the room when stimulus negotiations allowed them the time - has said that he expects to hold hearings in the spring. By all accounts, the bill will go through the usual committee...
...fray, sensing major opportunities in an economy that will have to be rebuilt almost from scratch. One client of African Banking Corp. is ready to multiply its investments by a factor of 20 once the dire political situation stabilizes. Others remain cautious. "When we see a solid set of reform processes with realistic objectives put into play by the government, then we'll be encouraged to increase our exposure," says Jamar Evans, who manages a Chilean hedge fund with investments in the Zimbabwean exchange...