WASHINGTON–The White House and congressional Democratic leaders are crafting a new healthcare reform bill that would include limits on medical loss ratios, a tax on so-called Cadillac plans, and cuts in the Medicare Advantage program, according to administration officials and industry sources.
Officials at the Department of Health and Human Services confirmed that medical loss ratio limits would be included in the new proposal, or, as some termed it, “best ideas.”
It remains unclear whether the White House would use the Congressional reconciliation process, which would reduce the votes needed to secure passage in the Senate to 51 but which expires in April, or by some other means, the sources said.
As the bill is being drafted, Obama administration officials vowed to continue their push for healthcare reform legislation.
In comments on his blog Thursday, White House communications director Dan Pfeiffer confirmed the administration’s plans.
“We’re going to continue to push for meaningful health insurance reform that gets control of skyrocketing costs, puts an end to insurance company abuses, extends coverage to millions of uninsured Americans, and lowers our deficit,” he said.