WASHINGTON (CNN) – Vice President Joe Biden announced Wednesday that a deal has been reached with hospitals to help fund health care reform.
Biden said the hospital industry has pledged to contribute $155 billion in Medicare and Medicaid savings in the next decade.
"We're here today to make our health care system healthy again," the vice president said in announcing the agreement.
"Hospitals have acknowledged that significant health care savings can be achieved by improving efficiencies, realigning incentives to emphasize quality care instead of quantity of procedures," Biden said.
"In the last several weeks, they've been working with (Senate Finance Committee) Chairman (Max) Baucus and are coming forward with a proposal that produces real savings in federal health care spending. Savings that will be applied toward the president's firm goal ... of enacting health care reform that is deficit neutral."
let's see- an attorney running healthcare? An electronics exec running the auto industry? A tax cheat running Wall Street?
Keep the change.
Headline should read. VP makes deal with the devil. I'm sure the hospitals wouldn't do it unless there were something in it big for them.
the question is why did you vote for bush TWICE!?!? biden has been on the side of the people even before he was VP. you know nothing. look at transciipts of him standing up for people on MANY different issues. he didnt come from a rich oil money family like bush and he wasnt a CEO of a company that directly benefit from us going to war with iraq! im sure you listened to them. im sure you were happy when we dropped bombs in iraq for NO REASON. and when you found out there was no WMD's and switched your idea to spreading democracy for people that you consider terrorists im sure you listened to everything those idiot businessmen sold you!
Conservative Congressmen need to move to Europe to see why public health care is so great. I would venture to guess that none, ZERO, of these conservative Congressmen would ever "stoop" to opposing such a public healthcare plan for their families ever again.
This Congress, and this Administration, will get America moving forward again and need to move quickly. It cannot happen soon enough.
God Bless America!!!
Keep telling yourself that, Candy. Still won't make it true.
Bush trashed the economy. But, Obama can't fix it.
Truth hurts. But, deal with it.
Health care for everyone is probably the most important item that we need. If you don't have steady employment, be it part time or full time, then how can you afford today's health care premiums, let alone the deductibles? A healthy nation is certainly much better off then one where 40 plus million citizens can't even afford to get flu shots.
you did not vote for obama STOP PRETENDING YOU DID! anybody that voted for obama would also be on the side of a public option! god you republican bloggers are so backwards thinking you will influence others by pretending you are democrats that are dissapointed in obama. PLEASE!!
Leo, you are right.
This administration is killing our country. If we don't stop them , we will not know our USA in the future.
Mike, Syracuse, NY
WRONG the real solution has nothing to do with malpractice costs!! thats so stupid! you think the reson why insurance companies charge so much is because of lawsuits? my god are you that gullible. the republican pundits can say ANYTHING and you people just swallow it!
Anyone hear Sen Grassly's remarks to a question a "real person" asked him about why we can't have the same health care the members of Congress receive? He said, "then go to work for the federal government." What an idiot he is. Real caring about his constituites.
made a deal with the collective devil Mr. Biden
they know they are wrong, they went for the easy way out
like plea bargining or a settlement on a lawsuit
smells, smells bad
tax payer, vasoline up
i constantly see why the replublicans are out of power, these comments from the (fox false news crowd) is so stupid,just like (fox news is bogus )where are their brains,they have none. the vice president just announced a 155 billion health care deal with the hospitals , that will help these morons,and all they want to reply with is (fox false news) talking points. thank god they are a small minority of clowns.this is great news,whats socialism got to with it, (nothing). thats why we have the majority,these clowns are so brain-washed by the (right wing party).this is a great agenda ,that the president and vice president is putting forward. (joe biden) is the whipping board of the gop,and thats all they have to grasp straws at, (joe biden)is smarter than all the republicans combine,they know it. the media is going to see ,who gets the last laugh, it will be the president and vice president on their way to relection in 2012,and a sweep in 2010. these idiots need to get a life, because the gop has none.
I'm sorry, but Joe Biden has become a joke. He recently stated that they (the Urkel administration) 'misread' the economy. Now they want to hijack our healthcare system. If they were wrong on the economy, how can we trust them to get it right with 1/6th of the economy? First they took over some banks, then GM/Chrysler, and now they've got their sights on energy and healthcare. I really hope more people start to wake up.
Biden looks like the kind of guy that want to know what it would take to put you in a used care today.
I am sure the administration 'made em an offer they couldn't refuse' ala Vito Corleone
Or would that a real life Italian leader from the 20th century that strong armed business for the good of his country and his people (he was popular for years too)
History really does repeat itself it isn't just a catchy phrase.
Health care reform is absolute necessary in oder to keep Americans from filing bankrupties over and over because they can not afford health care. Look at GM and Chrysler they can not compete because of healh care cost.
To J.P. yes Bush turned his eyes away when Haliburton charged for things never done. When I was in Iraq Haliburton charged US taxpayers $600 for a hammer that costs $16 at WalMart. The hammer was not even golden. The Republican scumbags brought us down.
I once was a Republican.
@Candy West Virginia July 8th, 2009 12:14 pm ET
Leo – stop lying your anything but a Dem........
So Candy, Leo can't be a dem because he doesn't agree with everything this administration does? Leo is proving the dems don't march is lockstep! You're proving otherwise! So much for tolerance, eh?
And I'm going to save everybody a gazillion dollars by inventing something 10 years from now I haven't thought of yet. What a crock.
Let me give a little bit of understanding to you right wing bozos. In the healthcare field there is a thing called a UCF(Usual, Customary, Fee). For example, if there are 5 Physical Therapist in a specific region, they all must charge the same amouont for the services they provide. The problem is not the UCF. The problem is the INSURANCE COMPANY.
UCF – $180
Blue Cross Blue Shield Reimbursement – $54
Patient Copayment – $25
Money Written Off by Provider – $101
So as you can see that the problem is the INSURANCE COMPANY. Some insurance companies don't even reimburse as much as I gave in the example. And God forbid you have a high deductible that has to be met before the insurance company pays your claims.
I'm for anything that get's Fair and J.P. all riled up. When this happens it generally means something good for America is about to occur.
Look, the insurance and pharmaceutical companies have been milking the citizens of this country for years. Hospitals have been performing needless procedures for decades. We all know this is happening. Clinics need 15 tests to tell you what is wrong, handing out prescription after prescription in order to get their "perks". We all know why insurance/medical costs are so high. Red tape? That has been a mantra that big business has whined about for years.
Get ready to start pulling your own teeth, waiting months to have operations and if you are over 50 just go ahead and die. Why dont you get off your porches, quit buying cars and tvs you cant afford and buy health insurance like all of the none obama voters. As a financial planner I see these waste of space all the time. I cant afford it but they have 5 kids, and two car payments at $600 a month each and all the kids have cell phones and video games.
Randolph Carter said, "Sorry, man, unfettered, institutionalized capitalism had it coming. Have a nice day!"
Capitalism is what transformed 13 colonies into the greatest nation in recorded history. We did in 200 years what civilizations that have been around for thousands of years could not. You should not argue with success.
Here's a thought... how about making capitalism legal again?