SB 61, which has been assigned to the Senate Judiciary Committee, would give the legislature power to limit the amount of damages and losses for medical or health care providers as a result of malpractice.
Instead of allowing a Senate Committee to kill a bill that otherwise stands a strong chance of passing the full Senate, supporters of Health Care Compacts have decided to voluntarily defer their legislation until the next session.
Tea Party activists joined with Sen. Elbert Guillory (D-Opelousas) last week to testify in favor of legislation to suspend federal health care regulations and empower state officials. Guillory’s bill would enable Louisiana to enter into Health Care Compacts (HCCs) with other states.
Sen. Elbert Guillory (D-Opelousas) has introduced a bill that would make possible for Louisiana to join with other states in forming a Health Care Compact (HCC). The idea is to move the responsibility and authority for shaping health care policy back to the states and away from the federal government.
Although organized labor has been supportive of ObamaCare, many of these same union organizations have sought and received exemptions from the law’s consumer protection provisions for their own health care plans. The list includes the Louisiana Laborers Health and Welfare Fund, the Louisiana Electrical Health Fund, and the Louisiana Carpenters Regional Fund.
In contrast to the state’s vision for the UMC, Kaufman Ellis determines that “UMC, as currently envisioned, is materially larger than is supportable.”
Louisiana lawmakers are in position to enact meaningful free market health care reforms that will expand consumer choice and help lower costs. It would be a mistake for state officials to wait for a final ruling from the U.S. Supreme Court.
‘Even if the hospital’s business plan pans out, it will mean an estimated $70 to $100 million subsidy of operating costs from the state general fund and possibly as much as $400 million of new additional public debt.’
Medicare spending is growing at annual clip of 7.2 percent, vastly faster than the rest of the economy. Over the next decade, Medicare spending is expected to double, and its unfunded liabilities over the next 75 years are approximately $31 trillion dollars- a number beyond human comprehension.
On ObamaCare’s one year anniversary, it is now evident that Louisiana residents will be forced off their private insurance and onto Medicaid. Louisiana health officials have also concluded that implementation will cost $7 billion over a 10-year period.