The Washington Post (7/7, Connolly, Shear) reports hospital groups have agreed "to contribute $155 billion over 10 years toward the cost of insuring the 47 million Americans without health coverage, according to two industry sources."
White House officials and members of the Senate Finance Committee reached the agreement with the American Hospital Association, the Federation of American Hospitals, and the Catholic Health Association. It "is the latest in a series of side deals that aim to reduce the cost of revamping the nation's healthcare system and to neutralize influential industries that have historically opposed such reforms." According to the Post, "With President Obama out of the country, a formal announcement is expected tomorrow from Vice President Biden."
The AP (7/7, Espo) reports "under the emerging agreement, hospitals would accept lower-than-anticipated payments under Medicare and Medicaid, the federal healthcare programs for seniors and the poor." Such an agreement "would give fresh momentum to efforts to write bipartisan legislation on an issue that Obama has placed atop his list of domestic priorities."
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