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Obama Issues Directive To Enact New Embryonic Stem Cell Research Rules
President Obama on Thursday issued a directive to federal agencies to begin following new NIH guidelines on federally funded embryonic stem cell research, Reuters/New York Times reports (Reuters/New York Times, 7/30). NIH announced the final guidelines earlier this month. The guidelines assess whether newly created embryonic stem cell lines can be used for federally funded research, as well as clarify how old lines will be evaluated (Daily Women"s Health Policy Report, 7/7).In March, Obama overturned President George W. Bush"s policy limiting federal funding of embryonic stem cell research. In a statement Thursday, Obama said, "I hereby direct the heads of executive departments and agencies that support and conduct stem cell research to adopt these guidelines, to the fullest extent practicable in light of legal authorities and obligations" (Reuters/New York Times, 7/30).
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Firm Looks For Health Start-Ups That Save Money
Chrysalis Ventures, a venture capital firm in Kentucky, is looking for health care start-ups that save money and betting that they will get a greater share of health dollars once reform takes shape, The New York Times reports. ""Whatever form health care reform takes, we believe companies that can improve the productivity and efficiency of improvement of health care services and avoidance of medical problems are going to prosper, and we"re putting our money behind that belief," (Chrysalis Ventures Chairman and Managing Director David) Jones said."
News of the day
Nearly 1.4 Million Tennesseans Are In Families That Will Spend More Than 10 Percent Of Their Income On Health Care In 2009
A report released by the consumer health organization Families USA spotlights a growing crisis among insured families, as rising health care costs devour a growing portion of their pre-tax income.
Nutrition

Insurers Refuse To Stop Canceling Some Sick Patients' Policies

Members of Congress grilled executives from the insurance industry"s big three - UnitedHealth Group, WellPoint, and Assurant - for canceling coverage of more than 20,000 paying policy holders at a hearing Tuesday, the Los Angeles Times reports. The executives responded that they would continue the practice, known as rescission, which has saved them an estimated $300 million over a five-year period. The House Subcommittee on Oversight and Investigations found that "policyholders with breast cancer, lymphoma and more than 1,000 other conditions were targeted for rescission and that employees were praised in performance reviews for terminating the policies of customers with expensive illnesses." One executive said rescission is intended to stop fraud and abuse. The Times reports that the executives "would not commit to limiting rescissions to only policyholders who intentionally lie or commit fraud to obtain coverage, a refusal that met with dismay from legislators on both sides of the political aisle. Experts said it could undermine the industry"s efforts to influence healthcare-overhaul plans working their way toward the White House. "Talk about tone deaf," said Robert Laszewski, a former health insurance executive who now counsels companies as a consultant ... Proponents of a public plan seized upon the hearing, saying it showed why access to healthcare cannot be left to private insurance companies" (Girion, 6/17). This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org. © Henry J. Kaiser Family Foundation. All rights reserved.


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