BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Baxter: Incremental Progress]]>http://www.bloggingstocks.com/2011/03/30/baxter-incremental-progress/http://www.bloggingstocks.com/2011/03/30/baxter-incremental-progress/http://www.bloggingstocks.com/2011/03/30/baxter-incremental-progress/#commentsFiled under: ,

Shares of Baxter International (BAX), first discussed here on March 13, 2009 at a price of $51.16, pushed this winter above major, psychological resistance at $50. But they appear to be struggling at/near $54 -- and the calculation at this juncture is to maintain the trade.

That said, this trade may not pan out. Baxter's chart is in danger of forming a short-term double top at that aforementioned $54 level. What's more, there's also clutter at/near $58, hence BAX has its work cut out for it, from a technical standpoint.

I'd also raise the sell/stop loss to $44 from $37 at this stage: another swoon will not be tolerated -- BAX has had two years to perform.

Continue reading Baxter: Incremental Progress

Baxter: Incremental Progress originally appeared on BloggingStocks on Wed, 30 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BAXBaxter Internationalhealth care reformmedicineWed, 30 Mar 2011 17:00:00 EST<![CDATA[AT&T, Caterpillar, Verizon, and Deere Considered Dropping Health Coverage]]>http://www.bloggingstocks.com/2010/05/08/atandt-caterpillar-verizon-deere-health-coverage/http://www.bloggingstocks.com/2010/05/08/atandt-caterpillar-verizon-deere-health-coverage/http://www.bloggingstocks.com/2010/05/08/atandt-caterpillar-verizon-deere-health-coverage/#commentsFiled under: , , , , , ,

health care reformSome amazing information has come to light regarding AT&T (ATT), Verizon (VZ), Caterpillar (CAT) and Deere & Co. (DE). It would seem that these companies (among a host of others, I'm sure) have initially determined that dropping health coverage for employees could significantly benefit their bottom lines, and thus benefit investors.

No Surprise Here

As reported by CNNMoney.com, when the health reform bill finally received the president's signature, many large companies began to assess the potential costs of the legislation. At the same time, much was made of the large write-downs that companies took in reaction to changes brought on by the new law.

Continue reading AT&T, Caterpillar, Verizon, and Deere Considered Dropping Health Coverage

AT&T, Caterpillar, Verizon, and Deere Considered Dropping Health Coverage originally appeared on BloggingStocks on Sat, 08 May 2010 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Caterpillarcost reductionsDEDeereemployee benefitsfeaturedhealth care reformhealth insuranceinsurance companiesinsurance industryinthenewsVerizonVZSat, 08 May 2010 13:40:00 EST<![CDATA[U.S. Health Care Reform Likely to Spark Entrepreneurs, Career Shifts]]>http://www.bloggingstocks.com/2010/04/07/u-s-health-care-reform-likely-to-spark-entrepreneurs-career-sh/http://www.bloggingstocks.com/2010/04/07/u-s-health-care-reform-likely-to-spark-entrepreneurs-career-sh/http://www.bloggingstocks.com/2010/04/07/u-s-health-care-reform-likely-to-spark-entrepreneurs-career-sh/#commentsFiled under: ,

It's a dimension and benefit of health care reform that's received scant coverage from the popular press -- but it's hardly an insignificant change in the American economic system.

The benefit? Job mobility, with the current condition sometimes also referred to as 'job lock.'

Right now, a portion of professionals, blue collar employees, and others are remaining in current jobs, not because it's their preference, but because of their health care plan.

Continue reading U.S. Health Care Reform Likely to Spark Entrepreneurs, Career Shifts

U.S. Health Care Reform Likely to Spark Entrepreneurs, Career Shifts originally appeared on BloggingStocks on Wed, 07 Apr 2010 16:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>health care reformWed, 07 Apr 2010 16:45:00 EST<![CDATA[The Top Investing Mistake After Health Care Reform]]>http://www.bloggingstocks.com/2010/03/24/the-top-investing-mistake-after-health-care-reform/http://www.bloggingstocks.com/2010/03/24/the-top-investing-mistake-after-health-care-reform/http://www.bloggingstocks.com/2010/03/24/the-top-investing-mistake-after-health-care-reform/#commentsFiled under: , , ,

Now that health care reform is a done deal, with the ink from President Obama's signature yesterday still drying, it's time to talk about how to profit from the new legislation.

I know many parts of the legislation may not sit well with some of you -- whether it be the taxes on dividends used to pay for reforms or the general idea of Uncle Sam getting deeper into entitlement spending even as businesses are generally reducing their debt loads. But what's done is done and there's no use grousing about it. As investors, it's not our job to judge how good or bad the news is but only to judge how to cash in.

Continue reading The Top Investing Mistake After Health Care Reform

The Top Investing Mistake After Health Care Reform originally appeared on BloggingStocks on Wed, 24 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Express ScriptsExpressScriptsfeaturedhealth care reformLouis NavellierLouisNavellierpharmacy stocksWal-MartWalgreensWed, 24 Mar 2010 18:00:00 EST<![CDATA[AMA Reiterates Qualified Support for Health Care Reform Bill]]>http://www.bloggingstocks.com/2010/03/19/ama-reiterates-qualified-support-for-health-care-reform-bill/http://www.bloggingstocks.com/2010/03/19/ama-reiterates-qualified-support-for-health-care-reform-bill/http://www.bloggingstocks.com/2010/03/19/ama-reiterates-qualified-support-for-health-care-reform-bill/#commentsFiled under:

As President Barack Obama and Congressional Democrats continued to recruit those House Democrats who were undecided on the health care reform bill as of Friday afternoon, the majority party received some good news on the interest group front, as the American Medical Association reiterated its qualified support for the legislation.

"The pending bill is imperfect, but we cannot let the perfect be the enemy of the good when it comes to something as important as the health of Americans," J. James Rohack, M.D., AMA president said, in a statement. "By extending health coverage to the vast majority of the uninsured, improving competition and choice in the insurance marketplace, promoting prevention and wellness, reducing administrative burdens, and promoting clinical comparative effectiveness research, this bill will help patients and their physicians."

Continue reading AMA Reiterates Qualified Support for Health Care Reform Bill

AMA Reiterates Qualified Support for Health Care Reform Bill originally appeared on BloggingStocks on Fri, 19 Mar 2010 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amahealth care reforminthenewsFri, 19 Mar 2010 17:20:00 EST<![CDATA[U.S. House May Try to Pass Health Care Bill Without Voting on It]]>http://www.bloggingstocks.com/2010/03/17/u-s-house-may-try-to-pass-health-care-bill-without-voting-on-it/http://www.bloggingstocks.com/2010/03/17/u-s-house-may-try-to-pass-health-care-bill-without-voting-on-it/http://www.bloggingstocks.com/2010/03/17/u-s-house-may-try-to-pass-health-care-bill-without-voting-on-it/#commentsFiled under:

Could the U.S. health care reform bill pass without U.S. House members voting on it?

Indeed it could, through a little-known, but frequently-used procedure known as the 'self-executing rule,' also known as "deem and pass," The New York Times (NYT) reported.

Under deem and pass, which a Republican-led Congress in the 1990s used to raise the national debt ceiling, the House would vote only on the Senate's changes to the House health care reform bill, and "deem" the health care bill to be passed.

Continue reading U.S. House May Try to Pass Health Care Bill Without Voting on It

U.S. House May Try to Pass Health Care Bill Without Voting on It originally appeared on BloggingStocks on Wed, 17 Mar 2010 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>deem and passhealth care reforminthenewsWed, 17 Mar 2010 14:20:00 EST<![CDATA[Health Care Summit Reveals Democratic U.S., Republican U.S.]]>http://www.bloggingstocks.com/2010/02/27/health-care-summit-reveals-democratic-u-s-republican-u-s/http://www.bloggingstocks.com/2010/02/27/health-care-summit-reveals-democratic-u-s-republican-u-s/http://www.bloggingstocks.com/2010/02/27/health-care-summit-reveals-democratic-u-s-republican-u-s/#commentsFiled under:

The low-down regarding Thursday's health care summit? No change to the status quo.

President Barack Obama did a good job moderating the event, and Republican and Democratic leaders engaged in, for the most part, civil discussions, with only a few exchanges degenerating into talking-points rhetoric, but the net result was that little common ground was achieved.

Continue reading Health Care Summit Reveals Democratic U.S., Republican U.S.

Health Care Summit Reveals Democratic U.S., Republican U.S. originally appeared on BloggingStocks on Sat, 27 Feb 2010 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Congressdeficit reductionhealth care reformhealth care summitObamareconciliationSat, 27 Feb 2010 15:40:00 EST<![CDATA[States May Move to Forefront of Health Care Insurance Issue]]>http://www.bloggingstocks.com/2010/02/25/states-may-move-to-forefront-of-health-care-insurance-issue/http://www.bloggingstocks.com/2010/02/25/states-may-move-to-forefront-of-health-care-insurance-issue/http://www.bloggingstocks.com/2010/02/25/states-may-move-to-forefront-of-health-care-insurance-issue/#commentsFiled under:

What happens to health care reform in the United States, in the (likely) event that Congressional Democrats, the majority party, can not muster enough votes to pass a modified national health insurance plan?

Most likely, the issue would devolve back to the states, "the great laboratories of public policy," to cite a phrase popularized by University of Connecticut Political Science Professor Emeritus Sarah Morehouse, a specialist in state politics and public policy.

Continue reading States May Move to Forefront of Health Care Insurance Issue

States May Move to Forefront of Health Care Insurance Issue originally appeared on BloggingStocks on Thu, 25 Feb 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>health care reformThu, 25 Feb 2010 15:00:00 EST<![CDATA[To Encourage Health Insurance Competition, End the Anti-Trust Exemption]]>http://www.bloggingstocks.com/2010/02/24/to-encourage-health-insurance-competition-end-the-anti-trust-ex/http://www.bloggingstocks.com/2010/02/24/to-encourage-health-insurance-competition-end-the-anti-trust-ex/http://www.bloggingstocks.com/2010/02/24/to-encourage-health-insurance-competition-end-the-anti-trust-ex/#commentsFiled under:

Economist Robert Reich, former U.S. Labor Secretary under President Clinton, is calling for the elimination of the health insurance industry's exemption from federal anti-trust laws, and his argument is compelling.

The anti-trust exemption dates back to when the health insurance sector was dominated by hospital non-profits, during which collaboration was constructive: it reduced costs per policy holder by spreading out the costs of expensive equipment over more policy holders. Today, under the mostly for-profit, private sector system of providers, it's just encouraged 'territoriality' -- i.e. the unwillingness of insurers to compete seriously in another insurer's region -- resulting in little competition, sole provider-dominated markets, and of course, massively higher premiums.

Continue reading To Encourage Health Insurance Competition, End the Anti-Trust Exemption

To Encourage Health Insurance Competition, End the Anti-Trust Exemption originally appeared on BloggingStocks on Wed, 24 Feb 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>anti-trusthealth care reforminsuranceWed, 24 Feb 2010 17:00:00 EST<![CDATA[Look for More Partisan Gridlock at Health Care Summit]]>http://www.bloggingstocks.com/2010/02/19/look-for-more-partisan-glidlock-at-health-care-summit/http://www.bloggingstocks.com/2010/02/19/look-for-more-partisan-glidlock-at-health-care-summit/http://www.bloggingstocks.com/2010/02/19/look-for-more-partisan-glidlock-at-health-care-summit/#commentsFiled under:

President Obama will offer one health care reform proposal that combines "some of the best ideas" from the House and Senate bills when he convenes his health care summit Thursday, February 25, but investors should not look for a bipartisan agreement on a health care legislation this year.

That's because it's high unlikely Republicans will agree to anything: to-date they've gained politically by being the 'party of no' --- by being obstructionist, despite the nation's many large problems, so why would they change now? At this juncture, electorally, until the American people make them pay for their obstruction, there's little incentive for the Republicans to change their stance.

Continue reading Look for More Partisan Gridlock at Health Care Summit

Look for More Partisan Gridlock at Health Care Summit originally appeared on BloggingStocks on Fri, 19 Feb 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>health care reformObamaRepublicansFri, 19 Feb 2010 14:00:00 EST<![CDATA[U.S. Health Care Reform Is History]]>http://www.bloggingstocks.com/2010/01/29/u-s-health-care-reform-is-history/http://www.bloggingstocks.com/2010/01/29/u-s-health-care-reform-is-history/http://www.bloggingstocks.com/2010/01/29/u-s-health-care-reform-is-history/#commentsFiled under:

Health care reform remains in "File 13" (the waste-paper basket).

There is about a 1-in-20 chance that Speaker Nancy Pelosi, D-California, will attempt to jump-start the process, but at this juncture, the chances are slim and none, and as that old joke goes, "Slim is out of town."

At this juncture, the only possible tack would be the reconciliation process. That would involve the U.S. House of Representatives first passing the U.S. Senate's health care reform bill as-is -- without any changes -- then have the House and Senate pass a second bill with specified changes under the reconciliation process, which enables a bill to bypass the Senate's filibuster and needs only a simple majority -- 51 votes - to pass the Senate. (The reconciliation process also streamlines committee review.) The reconciliation bill would have the changes some members in the House seek.

Continue reading U.S. Health Care Reform Is History

U.S. Health Care Reform Is History originally appeared on BloggingStocks on Fri, 29 Jan 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredhealth care reformNancy PelosiFri, 29 Jan 2010 10:00:00 EST<![CDATA[United States Remains Only Major Economic Power Without Universal Health Care]]>http://www.bloggingstocks.com/2010/01/25/united-states-remains-only-major-economic-power-without-universa/http://www.bloggingstocks.com/2010/01/25/united-states-remains-only-major-economic-power-without-universa/http://www.bloggingstocks.com/2010/01/25/united-states-remains-only-major-economic-power-without-universa/#commentsFiled under:

Health care reform in the United States, save a late coalition-building attempt by Speaker Nancy Pelosi, D-California, has been placed in 'File 13,' as they say inside the beltway, as a result of the election of Scott Brown as the 41st -- and filibuster creating -- Republican to the U.S. Senate.

Just say the Republicans have a 41-vote 'majority' now in the U.S. Senate.

As a result, the United States will have spent more than a year of money, energy, and time to achieve very little on the problematic issue of health costs/health insurance. The federal government's bill for Medicare and Medicaid will continue to rise at intolerable rates, private sector premiums will too, and the number of uninsured Americans, already at about 35 million, will continue to rise, as well.

Continue reading United States Remains Only Major Economic Power Without Universal Health Care

United States Remains Only Major Economic Power Without Universal Health Care originally appeared on BloggingStocks on Mon, 25 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>health care reformmedicineScott BrownMon, 25 Jan 2010 18:00:00 EST<![CDATA[Higher Medicaid Tax Would Cover Program's Expansion in All 50 States]]>http://www.bloggingstocks.com/2010/01/09/higher-medicaid-tax-would-cover-programs-expansion-in-all-50-st/http://www.bloggingstocks.com/2010/01/09/higher-medicaid-tax-would-cover-programs-expansion-in-all-50-st/http://www.bloggingstocks.com/2010/01/09/higher-medicaid-tax-would-cover-programs-expansion-in-all-50-st/#commentsFiled under:

U.S. Sen. Ben Nelson (D-Neb.), whose vote maintained a 60-vote majority for the Democratic Party, and thus ensured Senate passage of health care reform legislation, is now calling for the Medicaid deal he negotiated with Senate Majority Leadership to be extended to all states.

"I've been in serious discussions with Senate leaders and others to secure changes in the bill to treat all states equally," Nelson said, in a statement. "At the end of the day, whatever Nebraska gets will apply to all states."

Continue reading Higher Medicaid Tax Would Cover Program's Expansion in All 50 States

Higher Medicaid Tax Would Cover Program's Expansion in All 50 States originally appeared on BloggingStocks on Sat, 09 Jan 2010 09:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Ben Nelsonhealth care reforminthenewsMedicaidSat, 09 Jan 2010 09:20:00 EST<![CDATA[Investors: Avoid Fretting over 10-Year Projections]]>http://www.bloggingstocks.com/2009/12/27/investors-avoid-fretting-over-10-year-projections/http://www.bloggingstocks.com/2009/12/27/investors-avoid-fretting-over-10-year-projections/http://www.bloggingstocks.com/2009/12/27/investors-avoid-fretting-over-10-year-projections/#commentsFiled under: , , ,

There's a baseball play-by-play announcer with a pretty good team, whose made a small fortune uttering phrases like, "I tell you what you can do with that prediction: You can take that prediction and throw it in the East River. That's how much that prediction is worth."

In general, the same can be said about economic/budget projections. A little advice regarding economic and budget projections: don't work yourself up in to a lather over them.

Continue reading Investors: Avoid Fretting over 10-Year Projections

Investors: Avoid Fretting over 10-Year Projections originally appeared on BloggingStocks on Sun, 27 Dec 2009 13:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>budget deficitforecastshealth care reformpredictionsprojectionsSun, 27 Dec 2009 13:20:00 EST<![CDATA[The Week in Preview: The CALM Between the Holidays]]>http://www.bloggingstocks.com/2009/12/27/the-week-in-preview-calm-between-the-holidays/http://www.bloggingstocks.com/2009/12/27/the-week-in-preview-calm-between-the-holidays/http://www.bloggingstocks.com/2009/12/27/the-week-in-preview-calm-between-the-holidays/#commentsFiled under: , ,

Cal-Maine Foods Inc. (CALM) is about the only company of note scheduled to release earning results in what will otherwise be a very quiet week between the holidays.

The three months that ended in November saw the poultry industry embroiled in an environment-related lawsuit, and Cal-Maine also ended its streak of special dividends when it reported a first-quarter loss.

Continue reading The Week in Preview: The CALM Between the Holidays

The Week in Preview: The CALM Between the Holidays originally appeared on BloggingStocks on Sun, 27 Dec 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Cal-Maine FoodsCALMChicago PMIconsumer confidenceearningsfeaturedhealth care reformretail salesSun, 27 Dec 2009 12:30:00 EST<![CDATA[2009 U.S. Health Care Reform Bill: A First Step]]>http://www.bloggingstocks.com/2009/12/24/2009-u-s-health-care-reform-bill-a-first-step/http://www.bloggingstocks.com/2009/12/24/2009-u-s-health-care-reform-bill-a-first-step/http://www.bloggingstocks.com/2009/12/24/2009-u-s-health-care-reform-bill-a-first-step/#commentsFiled under:

As expected, the U.S. Senate passed the 2009 health care reform bill Thursday along party lines, 60-39. All 58 Democrats and two Independents voted for it; 39 Republicans voted against it. U.S. Sen. Jim Bunning, R-Kentucky, did not vote.

The health care overhaul bill is the most important social policy change in the United States since the establishment of Medicare in 1965, and it ranks third behind that act, and the creation of Social Security in 1935 in social welfare state importance. Without question, the health care reform action -- aimed at eventually creating a health care system where everyone is insured and receives regular medical care -- is a civilization advance.

And, one might argue it's long overdo: President Teddy Roosevelt, R-New York, first proposed a national health care system, more than a hundred years ago.

Continue reading 2009 U.S. Health Care Reform Bill: A First Step

2009 U.S. Health Care Reform Bill: A First Step originally appeared on BloggingStocks on Thu, 24 Dec 2009 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>health care reforminthenewsThu, 24 Dec 2009 13:30:00 EST<![CDATA[AMA Endorses Senate Health Care Reform Bill]]>http://www.bloggingstocks.com/2009/12/22/ama-endorses-senate-health-care-reform-bill/http://www.bloggingstocks.com/2009/12/22/ama-endorses-senate-health-care-reform-bill/http://www.bloggingstocks.com/2009/12/22/ama-endorses-senate-health-care-reform-bill/#commentsFiled under:

As Senate Democrats prepared Tuesday for the third and final key vote in the Senate on health care reform legislation, the bill received the support of a powerful interest group -- the American Medical Association (AMA).

The AMA, arguably one of the most powerful lobbies in Washington -- certainly one of the most respected -- has announced its support for the latest version of the bill, The Associated Press reported Monday. However, the AMA is still seeking a separate Senate action to repeal the existing Medicare payment formula for doctors, in order to prevent periodic reimbursement cuts.

Continue reading AMA Endorses Senate Health Care Reform Bill

AMA Endorses Senate Health Care Reform Bill originally appeared on BloggingStocks on Tue, 22 Dec 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMAhealth care reformTue, 22 Dec 2009 16:00:00 EST<![CDATA[Employee Mobility, Options Would Increase Under Health Care Reform Bill]]>http://www.bloggingstocks.com/2009/12/21/employee-mobility-options-would-increase-under-health-care-refo/http://www.bloggingstocks.com/2009/12/21/employee-mobility-options-would-increase-under-health-care-refo/http://www.bloggingstocks.com/2009/12/21/employee-mobility-options-would-increase-under-health-care-refo/#commentsFiled under: ,

It's been overlooked -- it's received scant coverage by the popular press -- but it's worth repeating: one benefit of the health care reform legislation will be enhanced employee mobility.

Don't misunderstand: a bill that prohibits discrimination by insurance companies due to medical condition/history, provides substantial subsidies for those who don't have health insurance from their employer, and that also offers much-needed tax breaks for small businesses who do provide coverage, is a major accomplishment. It's big change and it's big news. If the health care reform bill passes, it would be the biggest social policy advance by the United States since the passage of Medicare in 1965, and it would rank third behind the latter and the establishment of Social Security in 1935 in terms of social safety net significance.

Continue reading Employee Mobility, Options Would Increase Under Health Care Reform Bill

Employee Mobility, Options Would Increase Under Health Care Reform Bill originally appeared on BloggingStocks on Mon, 21 Dec 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>benefits portabilityhealth care reforminthenewsjob mobilityMedicareSocial SecurityMon, 21 Dec 2009 13:00:00 EST<![CDATA[Sen. Nelson Now Supports Health Care Bill, Provides 60th Vote]]>http://www.bloggingstocks.com/2009/12/20/sen-nelson-now-supports-health-care-bill-provides-60th-vote/http://www.bloggingstocks.com/2009/12/20/sen-nelson-now-supports-health-care-bill-provides-60th-vote/http://www.bloggingstocks.com/2009/12/20/sen-nelson-now-supports-health-care-bill-provides-60th-vote/#commentsFiled under: , ,

Senator Ben Nelson, who had been holding out on voting for health care, finally agreed to go along and vote yes.

Nelson, a right-to-life supporter, gained some concessions to limit the availability of abortions in insurance sold in newly created exchanges. Of course he was paid off. He got tens of millions of dollars in federal Medicaid funds for his home state.

He also noted that he had fended off attempts to provide for government-run insurance option.

Continue reading Sen. Nelson Now Supports Health Care Bill, Provides 60th Vote

Sen. Nelson Now Supports Health Care Bill, Provides 60th Vote originally appeared on BloggingStocks on Sun, 20 Dec 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Ben Nelsonhealth care billhealth care reformhealth coverageinsurance exchangesinthenewsSun, 20 Dec 2009 09:40:00 EST<![CDATA[Senate Majority Leader Reid committed to closing senior drug 'doughnut hole' ]]>http://www.bloggingstocks.com/2009/12/15/senate-majority-leader-reid-committed-to-closing-senior-drug-do/http://www.bloggingstocks.com/2009/12/15/senate-majority-leader-reid-committed-to-closing-senior-drug-do/http://www.bloggingstocks.com/2009/12/15/senate-majority-leader-reid-committed-to-closing-senior-drug-do/#commentsFiled under:

Even as Senate Democratic Leaders huddled with White House advisors over the best way to retain maverick U.S. Sen. Joseph Lieberman's, I-Connecticut, critical 'Number 60' vote, there was reason to believe that one key provision of health care reform already has sufficient Senate support: closing the 'doughnut hole' -- or annual gap in Medicare Part D prescription coverage.

Currently, Medicare pays for the first $2,700 in drug coverage in a year, then beneficiaries pay for the amount up to $6,154, at which point Medicare Part D prescription coverage kicks back in, The Wall Street Journal reported. (Subscription required.)

Continue reading Senate Majority Leader Reid committed to closing senior drug 'doughnut hole'

Senate Majority Leader Reid committed to closing senior drug 'doughnut hole' originally appeared on BloggingStocks on Tue, 15 Dec 2009 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>health care reforminsurancejoe liebermanJoeLiebermanMedicare Part DTue, 15 Dec 2009 17:20:00 EST