Nasty brewing behind the scenes on health care

From Jammie Wearing Fool, there is some disturbing news about health care brewing behind the scenes. First, the Senate is setting pay in the HEALTH care industry now. Second, another report came out about the devastating effects of the Senate health care bill. Follow the links for both. Here is Jammie's link:

First is a vote in the Senate Finance Committee which reduces the amount of compensation that insurance executives receive that is eligible for tax credit. They have moved the limit from the current $1 million amount to $500K. In effect it is an effort to force insurance companies to reduce the amount of compensation that insurance executives can receive.

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The second piece of news to come out is yet another study showing that insurance policies could increase by as much as 54% under the current legislation. A report which of course the White House dismissed before even seeing it.

Another day, another study confirming that ObamaCare will increase the price of health insurance. The Blue Cross Blue Shield Association has found that premiums in the individual market will rise on average by 54% over the status quo, which translates into an extra $3,341 a year for families and $1,576 for singles. The White House denounced the report as a "sham" before it was even released, which shows how seriously it takes such concerns.