Business
Boeing Complains About Losing Health Care Tax Break Despite Being One Of Least Taxed Big Corporations
Since the Affordable Care Act passed last week, some of the country’s largest companies have complained about a provision that preserves a federal subsidy they receive for providing retirees with prescription drug coverage, but prevents them from deducting the subsidy from their taxes.
Fox Is Still Furious At WellPoint For Raising Rates And Inadvertently Helping To Pass Reform
About a month before health reform passed last week, health insurance giant WellPoint announced record premium rate hikes all over the country, some as high as 39 percent.
Boehner Tells Bankers To Fight Financial Reform: ‘Don’t Let Those Little Punk Staffers Take Advantage Of You’
This week, Senate Banking Committee Chairman Chris Dodd (D-CT) released the latest version of his financial regulatory reform bill, which aims to correct the deficiencies in the financial system that led to 2008’s economic crisis.
Top Insurance Lobbyist Says Industry Won’t Point Fingers, Then Blames Hospitals For Higher Premiums
During the AHIP’s insurance conference on Tuesday, AHIP President and CEO Karen Ignagni claimed that health insurers were “very concerned about insurance premiums and the trajectory” of health care spending and promised that the industry remained committed to controlling costs. “We understand that begins also with us.
American Petroleum Institute Uses Stock Photos Of ‘Americans’ To Defend Oil Subsidies
Big Oil is using fake “Americans” to defend billions in tax subsidies. The American Petroleum Institute is running full-page ads in Politico and Roll Call that attack Congress for “new energy taxes”:
Health Insurance Industry Defends Massive Profits, Complains It Is Being ‘Vilified’
Insurers have responded to the administration’s campaign against recent rate hikes by blaming increasing health care costs, provider cost increases and adverse selection (healthier Americans are dropping coverage) for their premium increases.
