Party of life, my ass:
WHEN REPUBLICAN CONGRESSMAN John Shimkus expressed outrage during a House committee hearing Wednesday “about men having to purchase prenatal care” in their health insurance — the video clip of which caught fire on social media as an example of misogyny and cluelessness — he wasn’t going rogue. He was just getting ahead of party leaders, who haven’t publicly announced their next steps quite yet.
In a conference call with GOP allies on Thursday, however, House Republican Conference chair Cathy McMorris Rodgers outlined the party’s “three-phase approach” to repealing the Affordable Care Act and suggested that the Essential Benefits Package, a provision of the law with sweeping consumer protections, could soon be on the chopping block. The benefits package, a core provision of the ACA, requires qualifying health insurance plans to cover a set of medical treatments, including pregnancy-related medical care.
The conference call was for other Republican House members and state leaders from the American Legislative Exchange Council, an influential conservative advocacy group that brings lawmakers and lobbyists together to form policy solutions. It was obtained by The Intercept and the Center for Media and Democracy.
The insurance industry aggressively fought against the required coverage rules. Insurance giants UnitedHealth Group, Anthem Inc., and Aetna have lobbied policymakers for years on the Essential Benefits Package, records show. America’s Health Insurance Plans, the trade group representing much of the industry, has also bitterly complained about the consumer mandate.
This happened Friday:
America’s second-largest health insurer voiced its support for the ObamaCare repeal and replacement bill proposed by GOP House leaders in a letter to lawmakers this week.
Anthem is urging lawmakers to launch the ObamaCare repeal process “as quickly as possible,” Politico reported Friday.
“[It] addresses the challenges immediately facing the individual market and will ensure more affordable health plan choices for consumers in the short term,” Anthem CEO Joseph Swedish wrote to the chairmen of the House Energy and Commerce and Ways and Means committees Thursday, the same day both panels advanced the repeal legislation.
“These provisions are essential and must be finalized quickly to have the intended impact on products and prices to benefit consumers,” he added, citing the bill’s repeal of ObamaCare’s health insurance tax, tax credits for customers off the ObamaCare exchanges and temporarily keeping the law’s cost-sharing subsidies.
Anthem, which is the largest insurer in the ObamaCare exchanges, said it was formulating rates and making decisions for 2018.
It’s all about the benjamins:
Health insurer Anthem Inc. on Wednesday posted a decrease in profits amid a rise in medical costs.
The company said it now expects revenue for 2016 to be about $83.5 billion, compared with its earlier estimate of between $82.5 billion and $83.5 billion. It expects adjusted earnings per share to be about $10.80 per share; it previously forecast earnings of “greater than” $10.80 per share.
Shares of Anthem slid 0.6% to $116.78 in premarket trading.
In the latest quarter, total medical enrollment grew 3.1% from to 39.9 million. Enrollment in its commercial and specialty business increased 2.2% from a year earlier to 30.5 million members, while members in its government business grew 6.2% to 9.4 million.
In all, the company posted a profit of $617.8 million, or $2.30 a share, down from $654.8 million, or $2.43 a share, a year earlier. On an adjusted basis, earnings fell to $2.45 from $2.73. Revenue climbed 7.5% to $21.4 billion.
A half a billion in profits just ain’t enough, especially when you got mouths to feed:
As Chair, President and Chief Executive Officer at ANTHEM INC, Joseph R. Swedish made $13,604,681 in total compensation. Of this total $1,298,077 was received as a salary, $1,668,678 was received as a bonus, $2,599,957 was received in stock options, $7,800,073 was awarded as stock and $237,896 came from other types of compensation. This information is according to proxy statements filed for the 2015 fiscal year.
Those lazy fucking fetuses should pull themselves up by their bootstraps.