Healthcare Finance NewsHealthcare Finance News
  • Home
  • Sections
    • Industry News
    • Community Care
    • Hospitals & IDNs
    • Payers
    • Solutions and Services
  • Issues
    • March 2010
    • Jan/Feb 2010
    • December 2009
    • November 2009
    • October 2009
    • Sept. 2009
  • Resource Central
    • All Resources
    • Research
    • White Papers
    • Web Seminars
    • Videos
    • Podcasts
  • Blog
  • Events
  • Jobs
  • About
  • Subscribe
  • Advertise
  • Newsletters
  • RSS
  • Twitter feed
  • LinkedIn group
Select Your Homepage
Search eConnect
Login | Register
Home » News » Industry News

E-mail to a FriendPrint
Social Bookmarking
  • Delicious Delicious
  • Digg Digg
  • StumbleUpon StumbleUpon
  • Reddit Reddit
  • Newsvine Newsvine
  • Furl Furl
  • Facebook Facebook
  • Google Google
  • Yahoo Yahoo
Wal-Mart, SEIU support health reform, employer mandate

Wal-Mart, SEIU support health reform, employer mandate

July 01, 2009 | Diana Manos, Senior Editor

Suggested Content

  • American College of Physicians urges Medicare payment reform
  • Health reform hangs in the balance
  • Stakeholders laud health reform package, await companion bill
  • House panel pushes health reform one step closer
  • Obama, Congress wrangle over reform
  • Obama makes prime time plea for health reform
  • House proposes massive health reform bill
  • Sebelius is off and running in support of Obama health reform
  • State of the Union reactions show support for healthcare reform
  • Business Roundtable says reform could slow healthcare spending

WASHINGTON – Wal-Mart, the Service Employees International Union (SEIU) and the Center for American Progress are urging President Barack Obama and Congress to move forward on health reform.

The groups said they support an employer mandate to provide healthcare coverage.

On Tuesday, leaders of the three organizations – representing the nation's largest private employer, the largest union of healthcare workers and a think tank frontrunner on healthcare policy – encouraged Obama and lawmakers not to falter as difficulties arise in forging a reform package.

In a letter, John Podesta, president and CEO of the Center for American Progress; Andrew Stern, president of the SEIU; and Mike Duke, president and CEO of Wal-Mart Stores, Inc.; said reform is necessary for the health of all Americans and to help maintain America's competitive standing in the global economy.

"We are entering a critical time during which all of us who will be asked to pay for healthcare reform will have to make a choice on whether to support the legislation," they wrote. "This choice will require employers to consider the trade-off of agreeing to a coverage mandate and additional taxes versus the promise of reduced healthcare cost increases."

Podesta, Stern and Duke said that loss of coverage pushes families to the verge of financial collapse. In 2008, half of all people filing for home foreclosure cited medical problems as a cause. A large and growing uninsured population also cripples America's broader economic growth.

They cited research published in the Journal of Health Affairs that says higher taxes and premiums needed to meet rising healthcare costs threaten to consume the benefits of nearly all economic growth over the next four decades.

According to a new analysis by the Center for American Progress, the U.S. economy is losing up to $244 billion every year in productivity due to the uninsured.

"From a business perspective, health reform could not be more critical," the three told lawmakers. "Fiscally, the growing cost of healthcare is poised to drive our federal budget over a cliff."

"We are for shared responsibility. Not every business can make the same contribution, but everyone must make some contribution," they added.

Podesta, Stern and Duke said their organizations favor an employer mandate that "is fair and broad in its coverage," but any alternative should not create barriers to hiring entry-level employees.

"Support for a mandate also requires the strongest possible commitment to rein in healthcare costs. Guaranteeing cost containment is essential," they said.

Related Topics:
  • America
  • America
  • Barack Obama
  • Congress
  • John Podesta
  • Mike Duke
  • SEIU
  • Wal-Mart
  • Wal-Mart Stores Inc.
  • Washington

Reader Comments (0)Login to Post a Comment

receive news by email

Most Popular

Latest Headlines
Most Popular
  • Analysis: Medical malpractice payments continue to fall
  • Recession hurts, but pharmacists are still in demand
  • Online auction nets Maryland health system $1.25M in energy savings
  • Healthcare employment rose in February
  • Sebelius calls on insurance company executives to justify premium hikes
  • Operating improvements drive debt rating boost for Connecticut hospital
  • Michigan doctor convicted in $18.3M Medicare fraud scheme
  • Puerto Rican coalition asks Congress for health equality
  • Creative payment reform initiatives abound nationwide
  • Senate votes to delay doc pay cut until Oct. 1
Syndicate content

HEALTHCARE FINANCE JOB SPOT

  • Healthcare Consulting Partner/Leader Performance Improvement, Healthcare Finance and Operations - Tatum - Chicago and Dallas
  • Vice President of Medical Services - Wheeler Clinic - Plainville, CT
  • Medical Chart Review Auditor - Connolly Healthcare - Philadelphia, PA
  • Senior Financial Auditor - Parkland Health & Hospital System - Dallas, TX
  • Senior Financial Auditor - Parkland Health & Hospital System - Dallas, Texas
more jobs
  • EHRWatch.com

    EHRWatch.com offers news, commentary and community participation on the developments in electronic health records.

  • Priming the Pump

    Priming the Pump provides practical news on the stimulus package and the incentives that it offers to healthcare providers.

  • NHINWatch

    Visit NHINWatch.com for coverage of the Nationwide Health Information Network.

  • Mobile Health Watch

    Stay up to date on the latest mobility news at Mobile Health Watch.

  • MedTech Publishing

    Visit our company Web page to learn more about MedTech Publishing.

  • LinkedIn

    Join our LinkedIn group to connect with other Healthcare Finance News readers.

  • Healthcare Finance Job Spot

    Check out the latest open positions at Healthcare Finance Job Spot.

  • Healthcare IT News

    Visit Healthcare IT News for the latest health information technology news.

  • Facebook

    Join Healthcare Finance News on Facebook to connect with other readers!

Marketplace

  • Home
  • Issues
  • Resource Central
  • Blog
  • Events
  • Subscribe
  • Advertise
  • About Us
  • Site Map
  • Privacy Policy
Healthcare Finance News is a publication of MedTech Publishing Company LLC.
For more information about MedTech Publishing Company and its publications, please visit medtechpublishing.com.
©2009 MedTech Publishing
Powered by Phase2 Technology.