Baucus To Fauc-Us With His Craptastic Senate Plan!
by slinkerwink
Mon Sep 07, 2009 at 09:26:38 AM PDT
Senator Max Baucus, the boy genius wonder of the Senate Finance Committee, and the leader of the Gang of Six, has caved in to EVERY SINGLE REPUBLICAN DEMAND, and hasn't even included the public option in his bill that he's releasing, as we all knew was going to happen. There's also no mention of co-operatives as reported in his "Fauc-Us" bill.
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Mr. Baucus’s plan, expected to cost $850 billion to $900 billion over 10 years, would tax insurance companies on their most expensive health care policies. The hope is that employers would buy cheaper, less generous coverage for employees, thereby reducing the overuse of medical services.This tax on insurance companies is a terrible idea because there's nothing preventing private insurers from passing the fee on to our insurance premiums. It also penalizes employers for providing good insurance policies to their employers, and instead encourages them to buy junk insurance policies.
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This bill from Senator Baucus is indeed a bill that's designed to fuck the middle-class with guaranteed profits going straight to private insurers such as Blue Cross Blue Shield, Aetna, Humana, UnitedHealth, Cigna, and WellPoint. No wonder why private insurers see the proposed legislation coming out of the Senate Finance Committee as a "bonanza" for them.
more:
http://www.dailykos.com/storyonly/2009/9/7/778215/-Baucus-To-Fauc-Us-With-His-Craptastic-Senate-Plan!