Hi there,

For nearly 30 years, Democracy Now! has reported on the silenced majority fighting to end war, authoritarianism, environmental destruction, human rights violations, immigration crackdowns, and so much more. Next Tuesday, December 2nd, is Giving NewsDay (independent media’s spin on Giving Tuesday). Thanks to a group of generous donors, donations made today through Giving NewsDay will be TRIPLED, which means your $15 gift is worth $45. Please donate today, so we can keep bringing you our hard-hitting, independent news. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Health Industry Wins Concessions in Healthcare Reform Deals

HeadlineJul 08, 2009

Meanwhile, new questions are being raised about the concessions won by the healthcare industry in return for making cost-cutting deals with the White House to help pay for healthcare reform. The Obama administration is set to formally unveil a deal with major hospitals to save $145 billion in payments over ten years. The pharmaceutical industry has also committed to an $80 billion fee cut over ten years. But pharmaceutical companies say Senate Finance Committee Chair Max Baucus has promised to oppose a House Democratic proposal that would drastically lower the drug prices for Medicare recipients previously covered by Medicaid. Last week, the retail giant Wal-Mart backed proposals requiring businesses to provide employees with mandatory health insurance. But in return, Wal-Mart wants to eliminate requirements that would force employers to cover part of the cost for workers covered by Medicaid.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top