Health Insurance Broker Blog
July 21st, 2009

Voting on the health care reform has been indefinitely postponed by the key house committee. Democratic leaders were powerless in their ability to obtain enough votes from the sensible members of their own party. The session was cancelled by Commerce Committee and the House Energy because there were significant concerns about the legislation from conformist democrats who make up a large portion of seats on the board The only House panel with jurisdiction over the health care issue is The Energy and Commerce Committee and it has not finished writing its version of the reform bill.  This does not come as a very big surprise to me. I felt like we were rushing to make a decision. What are your thoughts to the postponing?

July 9th, 2009

The House of Democrats are getting closer to proposing an income surcharge tax for individuals with adjusted gross income of more than $200K and married couples over $250K to help finance insurance for all those who cannot afford coverage. They have eliminated the earlier idea of implementing payroll taxes to fund the proposed health legislation. The House is preparing to have a complete inclusive health care refurbish plan by the end of this week so they can bring it up for committee votes in the near future. Democrats backed away from their aspiration of passing health care legislation by mid August due to the heightened political debate over tax increases and an anticipated new government role in supplying insurance to consumers. What are your thoughts? Should the wealthy be taxed to support the new insurance plan?