The Obama administration’s pay czar said his attempts to renegotiate valid pay contracts at bailed-out companies, particularly insurer AIG, has been a “unique challenge,” according to testimony released Wednesday. Kenneth Feinberg, a Washington lawyer appointed by President Barack Obama last …
Republicans should find things to like in President Barack Obama’s healthcare reform plan because they were taken from Republican bills or have been advocated by Republicans, the president’s top healthcare reform officials said Thursday. In an opinion piece for The …
President Barack Obama launches a last-ditch bid to salvage his stalled healthcare overhaul Thursday at a televised summit that could offer more potential for political theater than problem solving. After months of heated battle over healthcare reform in the Congress, …
President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according to an insurance trade group. A plan released Monday by the White House would give the federal government the power to …
The U.S. House of Representatives voted Wednesday to take a 65-year-old antitrust exemption away from health insurance companies, leaning hard on an industry that has been the focus of criticism for fast-rising rates. The chamber voted 406 to 19 to …
To many Americans, it’s a matter of common sense: traders who failed so spectacularly at their jobs that they nearly brought down the global economy should be fired, not rewarded with handsome bonuses. Yet AIG, the fallen insurer, paid out …
The Obama administration on Tuesday threw its weight behind a bid to repeal an anti-trust exemption protecting health insurers, keeping the industry in its crosshairs as it prepares to host a bipartisan summit on revamping U.S. healthcare. “Today the president …
President Barack Obama tried to rejuvenate his stalled U.S. health care overhaul Monday with a revised plan to make insurance coverage more affordable and bolster federal authority to regulate premium hikes. The proposal comes three days ahead of a bipartisan …
Health insurers, makers of brand-name drugs and generic drugmakers are among the industry players who see further pressure in President Barack Obama’s health care proposal released Monday. The White House plans to hold a summit with Democratic and Republican congressional …
Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …
