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President Obama Puts Foreign Reinsurance Tax Loophole in Cross Hairs

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The CEOs of some of the nation’s largest U.S.-based insurance companies urged quick passage of legislation to close a loophole cited in President Obama’s FY 2011 budget proposal that allows foreign- controlled insurance companies operating in the U.S. to avoid paying U.S. income taxes.

“The President’s proposal is a good start,” stated William R. Berkley, Chairman and CEO of W. R. Berkley Corporation.

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Top 10 Health Insurance Reform Myths

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health insurance mythsHealthcare Reform. Just say the words lately and everyone seems to have an opinion. Town Hall meetings are getting a lot of hits on YouTube lately but it’s not because of the educational content. One common thread that I see in all this is hoopla is the amount of misinformation. So this week, I want to take a look at what I see as the Top 10 Health Insurance Reform Myths:

  1. Comparative Analysis will dictate what procedures doctors will be able to use with their patients. Chances are, with health reform changing daily, you’ve forgotten about this provision that was provided for in the Stimulus Package that was passed wa-a-y back in March. What this does is to investigate which treatment procedures have the best chance for success in the general public. It is investigational only and is specifically prohibited by the same law to let government force the procedures to be used. Read the rest of this entry »