A pair of congressmen are gathering support for the Senate to reconsider its stance on public health insurance program, citing its popularity – both in the U.S. Senate and among American people – as well as its key to health care savings.
One of the biggest obstacles going into the Senate’s debate on a comprehensive health care reform measure was the existence of a government-run public insurance option.
An amendment to cap tax-deductible salaries for health insurance executives at $400,000, rather than the current limit of $1 million, failed in the Senate, leading its Democratic sponsor to claim Republicans are choosing to support insurers over seniors.
A Pennsylvania congresswoman is among several sponsors of a bill to include long-term care insurance in employer-sponsored cafeteria plans and flexible spending accounts that has been introduced in Congress.
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.