[Update 2/22/10: President Barack Obama posted his proposal for health care “reform.” Unsurprisingly, the President’s proposal is similar to the Senate bill–with the unacceptable in any form excise tax and the mandate to by a private industry product-health insurance policy.]
According to Talking Points Memo, President Barack Obama is planning a summit, which would consider these issues (emphasis (in bold) mine)–
The President will then open and moderate discussion on four critical topics: insurance reforms, cost containment, expanding coverage, and the impact health reform legislation will have on deficit reduction.
The bolded portion of the agenda I think is a discussion of the so-called cadillac tax on high-cost insurance plans (in H.R. 3590). Despite the President’s State of the Union address, he seems obstinate in his support of this middle-class unfriendly tax, supposedly to bring down the deficit.
I have covered this issue in depth previously on this blog and my opinion remains–the cadillac tax is the worst idea in the bill, followed closely by the mandate to buy a private industry product-health insurance. This legislation proves the adage that the devil is in the details. No one should take any politician’s words at face value. One has to read the bill to verify every statement uttered about the legislation.
I am hoping that these politicians do not rush through this bill at the wee hours in the morning without giving the public time to get the legislation and review it.