Tuesday, February 09, 2010

There Go the Premiums!!!

* * * Rep. Mary Jo Kilroy (OH-15th-Dem) has indicated that the Democratic majority may use reconciliation to get health care passed.

Dispatch:

Kilroy, a Columbus Democrat and key player in the health-care debate, said Democrats could plow through an expected GOP filibuster using a process that allows the Senate to pass tax and spending bills with a simple majority of 51, rather than a filibuster-proof 60 votes....

....Obama has invited congressional leaders of both parties to a televised health-care "summit" on Feb. 25 to find common ground. House Republican Leader John Boehner of West Chester said Republicans plan to participate.

In comments to The Dispatch editorial board yesterday, Kilroy said if Republicans continue to stymie health-care legislation, Democrats could enact much of it on their own....

We need to get the health care legislation finished and passed before the health insurance firms raise their premiums even higher like some are doing in California.

Some health insurance companies think that health care won't pass and they've started to raise their premiums even higher. (Is this what the Republicans wanted?)

HospitalReviewMagazine:

Anthem Blue Cross, California's largest for-profit health insurer, is raising premiums for individual insurance policies by 30-39 percent on March 1, according to a report by the Los Angeles Times.

Individual policies, which already tend to be more expensive than group policies, are a refuge for people who are uninsured, self-employed or have recently lost employer-based coverage....

I'm not surprised. Ohioans will probably start seeing increases.

**** John Kasich has tons of money but claims that Ohio is doing very poorly. (Of course, he absolves Bob Taft and Bush from any blame.)

Cleveland Leader:
Republican Gubernatorial candidate John Kasich holds 45,000 share of stock in company that says “Ohio’s business climate is better than ever.” Oops.

The revelation came in a blog by former Plain Dealer reporter Bill Sloat in his meaninful blog out of Cinicinnati.....

....Kasich has been on Invacare's board of directors since 2001. The latest proxy statement shows him with 45,018 shares. Just after noon today, those shares were worth $26.46 each -- or $1,1919,762. Kasich seems to have done well financially in a state whose tax and business climate he is ripping on the campaign trail. His Invacare holdings have made him wealthy. You can find the a link to the Invacare ad here and a brochure(pdf) that lists Invacare among several corporations that are effusive about their Ohio business locations.

Is Kasich just interested in guarding his own wealth?