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New Labor Ads Focus On Health Benefits Tax
"Much of the TV advertising on health care so far has focused on the controversial public, or government-run insurance program that Democrats say would compete with private insurers and Republicans say would drive them out of business," but the Laborers" International Union of North America "will begin airing ads in two states Tuesday that deal with an equally explosive issue: Taxing health benefits," USA Today reports. The union will "run the ads at least through Thursday in North Dakota and Montana," home states of "the two most important senators on the issue, Senate Finance Chairman Max Baucus, D-Mont., and Senate Budget Committee Chairman Kent Conrad, D-N.D." The ads reveal the "fine line labor is walking" on health care: "The ads first praise Congress for taking up the health care debate but then criticize an idea that could be included in one draft of the legislation to tax health care premiums" (Fritze, 6/29).

Peregrine Awarded European Patent For Innovative Labeling Technology Featured In New Study In The Journal Of Nuclear Medicine
Peregrine Pharmaceuticals, Inc. (Nasdaq: PPHM) today announced that it has been awarded a European patent for a novel device and methods for linking biological agents to labels for diagnostic and therapeutic applications. The technology, which is known as In-Line labeling, was developed for the production of radiolabeled anti-cancer antibodies, but is applicable to other agents as well. A study published today in the July 2009 issue of The Journal of Nuclear Medicine confirms that In-Line labeling can dramatically reduce the complexity and cost of producing radiolabeled cancer drugs(1). In-Line labeling is already being used for the production of Peregrine"s radiolabeled antibody Cotara(R), currently in Phase II trials for the treatment of glioblastoma multiforme, a deadly form of brain cancer.
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Obama Says He Is 'Absolutely Committed' To Health Reform
During a C-SPAN interview on Saturday, President Obama said he remains "absolutely committed" to overhauling the U.S. health care system despite obstacles that might surface during reform efforts, the Los Angeles Times reports (Dorning, Los Angeles Times, 5/24). He said he would work to keep "this process moving, ... focusing on how we reduce costs, how do we make sure families have some confidence that they can get health care when they need it and they won"t go bankrupt because their child gets sick" (Adams Otis, New York Post, 5/24).Obama said that his health care plan would provide "basic coverage" to all U.S. residents and retain patient choice of physicians and coverage. In addition, he said his plan would "invest more in prevention and wellness programs," as well as increase the use of electronic health records (Rushing, The Hill, 5/23).Obama also said that refusing to address the rising costs of Medicaid and Medicare now means the U.S. will face a bigger financial crisis in the future. He said overhauling health care would reduce costs and free up additional funding over the long term. This would make it easier to pay down the $11 trillion national debt and manage other financial issues, Obama said (New York Post, 5/24).Because such rising costs have shifted the political climate, Obama said that he believes "the stars may be aligned" for reform and that he can succeed where former President Clinton failed. Obama said, "The biggest change politically ... is that businesses now recognize that if we don"t get a handle on this stuff that they are going to continue to be operating at a competitive disadvantage with other countries." He added, "And so they anxiously seek serious reform" (Los Angeles Times, 5/24).
Medical Devices

Long-Term Care Program Would Provide Revenue - At First

A long-term care program could produce some needed dollars, at least in the short range, CQ Politics reports: "A new insurance program for long-term care that Democrats have included in a Senate health overhaul bill would produce about $58 billion in revenue for the government over the next 10 years, according to the Congressional Budget Office, helping to offset the cost of the legislation. Democrats acknowledge that spending in the long-term care program would increase after 10 years and that it likely would not remain a very profitable enterprise for the government. It is even possible, they say, that the program could become insolvent; in that case, the secretary of Health and Human Services would be authorized to close its enrollment. "The CBO says that premiums would have to rise significantly higher than Democrats have assumed for the program to remain financially sound." CQ Politics notes: "But Democrats say the program strikes at a problem that has long embarrassed lawmakers: Medicare generally does not cover long-term care, and so many seniors needing the care impoverish themselves in order to qualify for Medicaid, the health entitlement for the poor, which does cover the service. ... While the long-term care program would be a government-run insurance plan, it is intended to complement private long-term care insurance, not compete with the products, Democratic aides say. Benefits under the program are intended to only cover about half the average cost of long-term care, according to a summary distributed by HELP staff. Private long-term care insurance has not proved popular: according to the HELP committee, more than 200 million adult Americans lack any kind of coverage against the possibility they will need the care" (Wayne, 6/26). This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org. © Henry J. Kaiser Family Foundation. All rights reserved.


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