Obama’s ‘Radical’ Health Care Plan

By
Friday, February 27, 2009 at 11:59 am

Pharma Times, news site of the drug industry, is calling the emerging outlines of the Obama health care plan “radical.” Whether that is a good thing or a bad thing, depends on which sector of the industry you talk to.

Makers of generic drugs, for example, are smiling. Kathleen Jaeger, president of the Generic Pharmaceutical Association, said Obama’s plan promises to “substantially reduce health care costs by increasing access to quality care at affordable prices.”

Big Pharma is not so happy. That’s because Obama has now committed to limiting exclusive rights to new medicine to five years and to existing drugs for three years, compared to the 14 years that has been sought by the big pharmaceutical companies that develop the drugs. The new approach would transform billions in drug company profits into billions of dollars of consumer savings, making the whole trillion dollar package just a little more affordable.

Billy Tauzin, the former Lousianiana congressman turned president of the Pharmaceutical Research and Manufacturers of America (salary: $2 million a year), murmured about the importance of drug innovation but said “PhRMA is committed to working with President Obama and lawmakers on both sides of the aisle.”

Translated into plain English, Tauzin is promsing a lobbying blitz to curb generics, spearheaded by the likes of Pfizer (which spent $12.1 million lobbying and gave $1.8 million in political contributions in 2008); AmGen ($10.1 million in lobbying; $1.4 million in contributions); and GlaxoSmithKline ($7 milion in lobbying; $1.1 million in contributions).

But in a sign of how times have changed, Tauzin, who opposed the Clinton administration’s health care plan in 1993, isn’t going rejectionist. He also warmly endorsed the goal of covering all Americans, extolled S-CHIP, and said health care reform is integral to economic recovery.

In other words, radical change is on the table.

Comments

10 Comments

chabuka
Comment posted February 27, 2009 @ 2:10 pm

You bet its radical…and long overdue…I have no sympathy for the Health Care parasites..the Insurance and pharmaceutical companies , CEO's and “Board of Directors” who have become wealthy beyond their wildest dreams, from the miseries of the less fortunate..and that goes for all the greedy corporate bastards who put themselves and their profits before any thing else


MFree
Comment posted February 27, 2009 @ 3:31 pm

This must be an alternate dimension.


care4all
Comment posted February 27, 2009 @ 10:59 pm

Health insurance companies make huge profits and their CEOs make millions, while the rest of us face skyrocketing healthcare costs, impossible bureaucracy, and life-threatening insurance denials.

HEALTH INSURANCE COMPANY PROFITS IN 2007:
• UnitedHealth Group — $ 4.654 BILLION. UnitedHealth Group owns Oxford, PacifiCare, IBA, AmeriChoice, Evercare, Ovations, MAMSI and Ingenix, a healthcare data company
• WellPoint — $ 3.345 BILLION. Wellpoint owns BLUES across the US, including Anthem Blue Cross Blue Shield, Blue Cross Blue Shield of Georgia, Blue Cross Blue Shield of Wisconsin, Empire HealthChoice Assurance, Healthy Alliance, and many others
• Aetna Inc. — $ 1.831 BILLION
• CIGNA Corp — $ 1.115 BILLION
• Humana Inc. — $ 834 million
• Coventry Health Care — $626 million. Coventry owns Altius, Carelink, Group Health Plan, HealthAmerica, OmniCare, WellPath, others
• Health Net — $ 194 million

The huge insurance company profits—BILLIONS YEARLY—could provide quality healthcare for millions of people.

Get the insurance companies OUT of healthcare. The only solution is a NON-PROFIT SINGLE-PAYER HEALTHCARE SYSTEM – and the single payer should not be insurance companies.

The solution? The United States National Health Insurance Act, H.R. 676. You can read about it here: http://www.healthcare-now.org/hr-676/


care4all
Comment posted February 27, 2009 @ 11:00 pm

WHO’S LOOKING AT THE COMPENSATION OF THE HEALTHCARE INSURANCE EXECUTIVES?

The health insurance companies have played a major role in our current healthcare crisis. They make huge profits and their CEOs make millions, while the rest of us are denied care.

ANNUAL COMPENSATION OF HEALTH INSURANCE COMPANY EXECUTIVES (2006 and 2007 figures):

• Ronald A. Williams, Chair/ CEO, Aetna Inc., $23,045,834
• H. Edward Hanway, Chair/ CEO, Cigna Corp, $30.16 million
• David B. Snow, Jr, Chair/ CEO, Medco Health, $21.76 million
• Michael B. MCallister, CEO, Humana Inc, $20.06 million
• Stephen J. Hemsley, CEO, UnitedHealth Group, $13,164,529
• Angela F. Braly, President/ CEO, Wellpoint, $9,094,771
• Dale B. Wolf, CEO, Coventry Health Care, $20.86 million
• Jay M. Gellert, President/ CEO, Health Net, $16.65 million
• William C. Van Faasen, Chairman, Blue Cross Blue Shield of Massachusetts, $3 million plus $16.4 million in retirement benefits
• Charlie Baker, President/ CEO, Harvard Pilgrim Health Care, $1.5 million
• James Roosevelt, Jr., CEO, Tufts Associated Health Plans, $1.3 million
• Cleve L. Killingsworth, President/CEO Blue Cross Blue Shield of Massachusetts, $3.6 million
• Raymond McCaskey, CEO, Health Care Service Corp (Blue Cross Blue Shield), $10.3 million
• Daniel P. McCartney, CEO, Healthcare Services Group, Inc, $ 1,061,513
• Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555
• Todd S. Farha, CEO, WellCare Health Plans, $5,270,825
• Michael F. Neidorff, CEO, Centene Corp, $8,750,751
• Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555
• Todd S. Farha, CEO, WellCare Health Plans, $5,270,825
• Michael F. Neidorff, CEO, Centene Corp, $8,750,751

This executive compensation could be used to provide quality healthcare for millions of Americans! We need to get the insurance companies and their lobbyists OUT of healthcare. NON-PROFIT, SINGLE-PAYER IS THE ONLY OPTION.

If you want to learn more, go to:
http://www.insurancecompanyrules.org/learn_more…


MFree
Comment posted February 27, 2009 @ 11:31 pm

This must be an alternate dimension.


Topics about Health, Food and Well being » Archive » The Washington Independent » Obama’s ‘Radical’ bHealth Care/b Plan
Pingback posted February 28, 2009 @ 4:39 am

[...] Jefferson Morley created an interesting post today on The Washington Independent » Obamaâ [...]


care4all
Comment posted February 28, 2009 @ 6:59 am

Health insurance companies make huge profits and their CEOs make millions, while the rest of us face skyrocketing healthcare costs, impossible bureaucracy, and life-threatening insurance denials.

HEALTH INSURANCE COMPANY PROFITS IN 2007:
• UnitedHealth Group — $ 4.654 BILLION. UnitedHealth Group owns Oxford, PacifiCare, IBA, AmeriChoice, Evercare, Ovations, MAMSI and Ingenix, a healthcare data company
• WellPoint — $ 3.345 BILLION. Wellpoint owns BLUES across the US, including Anthem Blue Cross Blue Shield, Blue Cross Blue Shield of Georgia, Blue Cross Blue Shield of Wisconsin, Empire HealthChoice Assurance, Healthy Alliance, and many others
• Aetna Inc. — $ 1.831 BILLION
• CIGNA Corp — $ 1.115 BILLION
• Humana Inc. — $ 834 million
• Coventry Health Care — $626 million. Coventry owns Altius, Carelink, Group Health Plan, HealthAmerica, OmniCare, WellPath, others
• Health Net — $ 194 million

The huge insurance company profits—BILLIONS YEARLY—could provide quality healthcare for millions of people.

Get the insurance companies OUT of healthcare. The only solution is a NON-PROFIT SINGLE-PAYER HEALTHCARE SYSTEM – and the single payer should not be insurance companies.

The solution? The United States National Health Insurance Act, H.R. 676. You can read about it here: http://www.healthcare-now.org/hr-676/


care4all
Comment posted February 28, 2009 @ 7:00 am

WHO’S LOOKING AT THE COMPENSATION OF THE HEALTHCARE INSURANCE EXECUTIVES?

The health insurance companies have played a major role in our current healthcare crisis. They make huge profits and their CEOs make millions, while the rest of us are denied care.

ANNUAL COMPENSATION OF HEALTH INSURANCE COMPANY EXECUTIVES (2006 and 2007 figures):

• Ronald A. Williams, Chair/ CEO, Aetna Inc., $23,045,834
• H. Edward Hanway, Chair/ CEO, Cigna Corp, $30.16 million
• David B. Snow, Jr, Chair/ CEO, Medco Health, $21.76 million
• Michael B. MCallister, CEO, Humana Inc, $20.06 million
• Stephen J. Hemsley, CEO, UnitedHealth Group, $13,164,529
• Angela F. Braly, President/ CEO, Wellpoint, $9,094,771
• Dale B. Wolf, CEO, Coventry Health Care, $20.86 million
• Jay M. Gellert, President/ CEO, Health Net, $16.65 million
• William C. Van Faasen, Chairman, Blue Cross Blue Shield of Massachusetts, $3 million plus $16.4 million in retirement benefits
• Charlie Baker, President/ CEO, Harvard Pilgrim Health Care, $1.5 million
• James Roosevelt, Jr., CEO, Tufts Associated Health Plans, $1.3 million
• Cleve L. Killingsworth, President/CEO Blue Cross Blue Shield of Massachusetts, $3.6 million
• Raymond McCaskey, CEO, Health Care Service Corp (Blue Cross Blue Shield), $10.3 million
• Daniel P. McCartney, CEO, Healthcare Services Group, Inc, $ 1,061,513
• Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555
• Todd S. Farha, CEO, WellCare Health Plans, $5,270,825
• Michael F. Neidorff, CEO, Centene Corp, $8,750,751
• Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555
• Todd S. Farha, CEO, WellCare Health Plans, $5,270,825
• Michael F. Neidorff, CEO, Centene Corp, $8,750,751

This executive compensation could be used to provide quality healthcare for millions of Americans! We need to get the insurance companies and their lobbyists OUT of healthcare. NON-PROFIT, SINGLE-PAYER IS THE ONLY OPTION.

If you want to learn more, go to:
http://www.insurancecompanyrules.org/learn_more…


The least surprising thing I’ve read today | must be insurance
Pingback posted March 8, 2009 @ 3:55 am

[...] is going to opposed Obama’s proposal to cut prices of prescription drugs.   What?  That already happened?   Who’d have thunk it?  (In fairness, Tauzin has also made conciliatory noises, [...]


The least surprising thing I’ve read today | Diario BV
Pingback posted June 1, 2009 @ 5:16 am

[...] is going to opposed Obama’s proposal to cut prices of prescription drugs.   What?  That already happened?   Who’d have thunk it?  (In fairness, Tauzin has also made conciliatory noises, [...]


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