Articles tagged “Al Franken”
Private insurers get ‘free rein’ without public option, Democrats say
10.09.2009 | By Keith L. Martin
Nine months ago, unemployed workers received a boost to continue their health care coverage through the American Recovery and Reinvestment Act, which extended COBRA benefits. The move, meant as a temporary way to provide a 65% premium subsidy and ease the cost of health care for the unemployed, has already expired for some.
See more: Al Franken, American Recovery and Reinvestment Act, Chris Dodd, COBRA, CT, employee benefits, legislation, MN, OH, RI, Robert Menendez, Robert P. Casey, Sheldon Whitehouse, Sherrod Brown, subsidyOmitting a government-run health insurance program from a Senate reform bill will give private insurers “free rein” to increase premiums and “drive up the cost of federal subsidies,” according to a group of Senate Democrats.
See more: Al Franken, Arlen Specter, Barbara Boxer, Barbara Mikulski, Benjamin L. Cardin, Bernard Sanders, CA, Charles E. Schumer, CO, Daniel K. Akaka, Daniel K. Inouye, DE, Debbie Stabenow, Dianne Feinstein, Edward E. Kaufman, Frank R. Lautenberg, Harry Reid, health reform, HELP committee, Herb Kohl, HI, IL, Jack Reed, Jeff Merkley, John D. Rockefeller, John Kerry, Kristen E. Gillibrand, legislation, Maria Cantwell, Massachusetts, Max Baucus, MI, Michael F. Bennet, MN, MT, New York, NM, OR, Patrick Leahy, Paul Kirk, premiums, public health insurance option, RI, Robert Menendez, Robert P. Casey, Roland W. Burris, Ron Wyden, Russell D. Feingold, Senate Finance Committee, Sheldon Whitehouse, Sherrod Brown, Tom Udall, Vermont, WA, WI, WV
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.

