Barack Obama
Romney’s Particular Spin On On Health Care
Since, President Obama and the Democratic Congress enacted their health care overhaul, GOP Governor Mitt Romney, 63, a presumable future candidate for the Republican presidential nomination, confronting the issue says the new law usurps powers that properly reside with the states.
When the House passed the health care bill last month, he called the process ‘an unconscionable abuse of power’. On book tour stops for his recently published book, he endorses Republican Congressional candidates who support repealing the law.
Catholic Hospitals Support Health Care Bill
President Barack Obama’s healthcare bill has rallied support from Support from the Catholic Health Association, a group representing Catholic hospitals, which could prove helpful in persuading anti-abortion lawmakers to vote for the overhaul, providing critical votes in the House.
Carol Keehan, the group’s Chief Executive writing on the association’s web site says though the legislation is far from perfect, however, it is the first big step toward providing health care coverage to all Americans, making an important difference to millions of people.
Pfizer, Merck Stocks Drop, Other Sector Stocks Rise
After President Barack Obama urged lawmakers to set a vote on overhaul legislation sometime soon, stocks were mixed, with health-care stocks like Pfizer and Merck facing a drop. Better-than expected private-sector jobs and service-sector expansion reports saw Caterpillar and other economically sensitive stocks rising.
Ending a three-day winning streak, while still in the red, the Dow Jones Industrial Average fell 9.22 points or 0.09% to 10396.76, down 0.3% for the year to date.
Healthcare Summit On Medicare
The general consensus emerging at President Barack Obama's health care summit is how best to rein in spiralling healthcare costs.
Agreeing with the assertions of Oklahoma Republican Sen. Tom Coburn that waste and abuse accounted for up to a third of the cost of entitlement programmes like Medicare and Medicaid, a major barrier to widespread insurance coverage.
Obama Urges Quick Congress Action On Health Overhaul
Assuring the nation overhauling the nation’s health insurance system would result in immediate benefits for all Americans, President Obama urged Congress to reconcile differences, allowing the legislation to be signed into law.
The signing into law of the health insurance reform will give doctors and patients more control over health care decisions, even while imposing tough restrictions on insurance companies, lessening their control.
Arizona's Mayo Clinic to Stop Treating Medicare Patients
In June, President Barack Obama praised the non-profit Rochester, Minnesota-based Mayo Clinic and the Cleveland Clinic in Ohio, as national models for efficient healthcare, offering 'the highest quality care at costs well below the national norm'.
However, as of tomorrow one of Mayo Clinic's primary-care clinics in Arizona will no longer accept Medicare patients, since the government's largest health-insurance programme for the disabled and those 65 and older, fails to offer adequate compensation.
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