News & Comment

A federal judge said Monday that he would rule by the end of the year on the constitutionality of the new health care law, as lawyers for the Obama administration and the Commonwealth of Virginia debated whether the entire 2,700-page act should be invalidated if a key provision is struck down.

After weeks of avoiding the health care overhaul on the campaign trail, some Democrats are out bragging about the law in the final run-up to the mid-term elections. more »

Consumer Watchdog and the Center for Media and Democracy have sent a letter to Secretary Kathleen Sebelius calling on her and the administration to investigate the recent dramatic decreases in medical loss ratios by major health care insurers in anticipation of health care reform implementation. The insurers, led by Cigna and its 2nd quarter 6.4% drop, seek to benefit in two primary ways:

Over the last several months, I’ve noted that even while the economy is in recession and a growing number of Americans are going without health insurance coverage, the big health insurers are posting higher profits. Americans are actually using less care — filing fewer claims — but still paying more in premiums.

Health Care for America Now (HCAN), the 1,000-member coalition that led the successful fight for health reform, released a report today showing that in 2009, while America's families struggled with skyrocketing health insurance costs and the worst economy since the Great Depression, chief executives of the 10 largest for-profit health insurance companies collected total pay of $228.1 million, up f more »

Medicare's finances have been strengthened by the new law setting in motion broad changes to the nation's health-care system, according to a government forecast issued Thursday, which says the fund that pays for older Americans' hospital care will last a dozen years longer than expected.

Medicare will remain financially solvent for 12 additional years, until 2029, because of the cost-cutting measures in President Obama’s recently enacted health care legislation, the program’s trustees projected on Thursday. more »

The new health care law has significantly improved the prognosis for Medicare, extending the life of its trust fund by 12 years until 2029, and thereby delaying any need for dramatic changes in benefits or revenues, according to a new report.

Social Security and Medicare continue to face grave financial challenges even though the new healthcare law may provide added stability to the two massive programs, according to the government's annual review. This year, for the first time since 1983, Social Security is projected to pay out more in benefits than it collects in taxes.

The Senate tabled a jobs measure Monday because Democrats underestimated the package’s cost. Democrats had scheduled a vote to end debate on their proposal to send $10 billion in funding to states and local governments to prevent public teacher layoffs. The package contains another $16.1 billion to help states with Medicaid obligations.