{"id":348599,"date":"2010-02-22T05:56:18","date_gmt":"2010-02-22T10:56:18","guid":{"rendered":"http:\/\/www.businessinsider.com\/obama-switches-to-healthcare-reform-plan-b-price-controls-2010-2"},"modified":"2010-02-22T05:56:18","modified_gmt":"2010-02-22T10:56:18","slug":"obama-switches-to-healthcare-reform-plan-b-price-controls","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/348599","title":{"rendered":"Obama Switches To Healthcare Reform Plan B: Price Controls"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b537d4100000000007f1ccf-316-237\/obama-coakley.jpg\" border=\"0\" alt=\"obama coakley\" width=\"316\" height=\"237\" \/><\/p>\n<p>With the old healthcare reform ideas no long having any reasonable hope of passing in Congress, Barack Obama is adopting plan B: price controls.<\/p>\n<p>According to the <a href=\"http:\/\/www.nytimes.com\/2010\/02\/22\/health\/policy\/22health.html?hp\">NYT<\/a>, the President will propose today a scheme whereby the Federal government has the right to block any health insurance premium hikes it deems &#8220;excessive.&#8221;<\/p>\n<p>How high a hike is excessive? It&#8217;s not clear. We suspect it&#8217;s like pornography in that you know it when you see it. As noted in the article, recent premium hikes in California announced by Anthem Blue Cross of 39%, would probably be deemed excessive.<\/p>\n<p>A new seven-member Health Insurance Rate Authority would be tasked with making the decision.<\/p>\n<p>Meanwhile, Obama will publicly debate Republicans on healthcare on Thursday, and the debate will be televised meaning lots of canned one-liners and little actual debate.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/obama-switches-to-healthcare-reform-plan-b-price-controls-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/henry-blodget-krugman-california-is-in-a-death-spiral-and-illustrates-perfectly-why-we-need-to-keep-talking-about-healthcare-2010-2\">Krugman: California Is In A Death Spiral And Illustrates Perfectly Why We Need To Keep Talking About Healthcare<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/premium-health-insurance-is-overrated-and-most-folks-would-be-fine-just-paying-for-healthcare-out-of-pocket-2010-2\">Premium Health Insurance Is Overrated, And Most Folks Would Be Fine Just Paying For Healthcare Out Of Pocket<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-democrats-are-pushing-for-healthcare-again-but-heres-6-reasons-theyll-get-creamed-for-it-2010-2\">The Democrats Are Pushing For Healthcare Again, But Here&#8217;s 6 Reasons They&#8217;ll Get Creamed For It<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/VK3SxpZMWn4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the old healthcare reform ideas no long having any reasonable hope of passing in Congress, Barack Obama is adopting plan B: price controls. According to the NYT, the President will propose today a scheme whereby the Federal government has the right to block any health insurance premium hikes it deems &#8220;excessive.&#8221; How high a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-348599","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/348599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=348599"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/348599\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=348599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=348599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=348599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}