Insurance News

Posts Tagged ‘Obama

WASHINGTON – Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness and greed” Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money. “How do they justify this outrage to the taxpayers who are keeping the company afloat?” Obama asked. “This isn’t just a matter of dollars and cents. It’s about our fundamental values.”

Read the rest of this entry »

President Barack Obama’s budget chief isn’t sugarcoating his message to health insurance executives: the Medicare Advantage party is over.

White House Budget Director Peter Orszag says the government will no longer overpay companies that offer Medicare Advantage plans, the privately run portion of the government health program for seniors.

Orszag has told executives at a conference that the government spends about $1.30 for each Read the rest of this entry »

WASHINGTON – Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness and greed” Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money. “How do they justify this outrage to the taxpayers who are keeping the company afloat?” Obama asked. “This isn’t just a matter of dollars and cents. It’s about our fundamental values.”

Read the rest of this entry »

President Barack Obama’s budget chief isn’t sugarcoating his message to health insurance executives: the Medicare Advantage party is over.

White House Budget Director Peter Orszag says the government will no longer overpay companies that offer Medicare Advantage plans, the privately run portion of the government health program for seniors.

Orszag has told executives at a conference that the government spends about $1.30 for each Read the rest of this entry »

President Barack Obama’s budget chief isn’t sugarcoating his message to health insurance executives: the Medicare Advantage party is over.

White House Budget Director Peter Orszag says the government will no longer overpay companies that offer Medicare Advantage plans, the privately run portion of the government health program for seniors.

Orszag has told executives at a conference that the government spends about $1.30 for each Read the rest of this entry »

WASHINGTON – Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness and greed” Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money. “How do they justify this outrage to the taxpayers who are keeping the company afloat?” Obama asked. “This isn’t just a matter of dollars and cents. It’s about our fundamental values.”

Read the rest of this entry »

President Barack Obama’s budget chief isn’t sugarcoating his message to health insurance executives: the Medicare Advantage party is over.

White House Budget Director Peter Orszag says the government will no longer overpay companies that offer Medicare Advantage plans, the privately run portion of the government health program for seniors.

Orszag has told executives at a conference that the government spends about $1.30 for each Read the rest of this entry »

WASHINGTON – Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness and greed” Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money. “How do they justify this outrage to the taxpayers who are keeping the company afloat?” Obama asked. “This isn’t just a matter of dollars and cents. It’s about our fundamental values.”

Read the rest of this entry »

WASHINGTON – Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness and greed” Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money. “How do they justify this outrage to the taxpayers who are keeping the company afloat?” Obama asked. “This isn’t just a matter of dollars and cents. It’s about our fundamental values.”

Read the rest of this entry »

President Barack Obama’s budget chief isn’t sugarcoating his message to health insurance executives: the Medicare Advantage party is over.

White House Budget Director Peter Orszag says the government will no longer overpay companies that offer Medicare Advantage plans, the privately run portion of the government health program for seniors.

Orszag has told executives at a conference that the government spends about $1.30 for each Read the rest of this entry »