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Written by Dana Cutter
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On November 21, 2009, the U.S. Senate voted 60-39 on a cloture motion and to formally consider and debate the Patient Protection and Affordable Care Act (H.R.3590). Senate moderates on Sunday threatened to scuttle the health care bill if their demands weren't met, frustrating rank-and-file Democrats who say their colleagues' views were out of step with American voters.
Differences with House Bill
Unlike the House bill, the Senate bill imposes a new payroll tax for individuals earning over $200,000 and taxes on insurance companies, drug companies and medical device manufacturers. Over the next decade, the bill would cost $848 billion, slightly less than the $1 trillion House measure. But much of those savings are realized because it would take effect in 2014, a year later than the House bill [source: AARP].
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Written by Dana Cutter
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Sunday, 08 November 2009 13:39 |
If You Are 50 and Over You Have a Huge Stake in these Reforms
On Saturday, November 8th the House approved a rule (in a 220-215 vote) setting parameters for considering Affordable Health Care for America Act H.R.3962 and the Medicare Physician Payment Reform Act of 2009 (H.R.3961). However, a floor vote was not taken on H.R.3961. The AMA reports that the House is now expected to consider H.R.3961 during the week of November 16, 2009. As originally drafted, H.R.3691 would repeal the now 21.2 percent Medicare payment rate reduction for physician services in 2010 and restructure the sustainable growth rate (or SGR) formula.
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Written by Dana Cutter
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Nov 15th the First Day of Medicare Open Enrollment
Are you turning 65? Are you older and considering retirement? Welcome to the first day of Medicare open enrollment - called the Annual Election Period. You can expect the same basic benefits from every Medicare Advantage plan with modest differences in premiums, cost sharing and different ways to access doctors and hospitals. All insurers will follow the same rules on how they market their products and each insurer will use the same basic set of brochures to help you compare your options. Finally, the government will provide you with a Web site where you can research each of your options side-by-side and even compare customer satisfaction rates (www.Medicare.gov).
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Written by Dana Cutter
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Monday, 19 October 2009 00:00 |
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Important facts about 2010 Medicare Part A and Medicare Part B
On October 16, 2009, the Centers for Medicare & Medicaid Services (CMS) released display copies of Notices announcing Medicare Part A and Part B premiums and deductibles for calendar year 2010.
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