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Quick Hit
by Ellyn Fortino
1:05pm
Fri Sep 5, 2014

Report: Obamacare Curbed Taxpayer Subsidies For Health Insurer Executive Pay

The 2010 Affordable Care Act (ACA) sharply reduced taxpayer subsidies last year for executive pay at the nation's 10 largest publicly held health insurance companies, according to a new report by the Institute for Policy Studies (IPS), a Washington-D.C.-based think tank.

Last year, an ACA provision took effect that put a $500,000 cap on the tax deductibility of health insurer executive compensation. Previously, the companies had a $1 million limit on the deductibility of executive pay from federal corporate income taxes. Now, health insurance companies are allowed to deduct only up to $500,000 in combined performance-based and salary pay per employee each year.

As a result of the deductibility limits under the health reform legislation known as Obamacare, the country's top 10 health insurers saw their collective corporate taxes increase by an estimated $72 million in 2013, according to the report, "Executive Excess 2014: The Obamacare Prescription for Bloated CEO Pay."

PI Original
by Ellyn Fortino
5:14pm
Tue Aug 26, 2014

Chicago Trauma Care Coalition Criticizes U of C Over Proposed Orland Park Medical Center (VIDEO)

Chicago activists in support of a South Side trauma center held a rally Tuesday to push back on the University of Chicago Medical Center's plans to open an outpatient facility in Orland Park. Progress Illinois was there for the action. 

PI Original
by Ellyn Fortino
5:46pm
Tue Aug 19, 2014

Chicago Activists, Progressive Aldermen Call For Reopening Of Mental Health Clinics (VIDEO)

Progress Illinois provides highlights from Tuesday's Chicago City Council hearing on mental health services.

Quick Hit
by Ellyn Fortino
1:49pm
Wed Aug 13, 2014

Schneider Endorsed By National Medicare, Social Security Advocacy Group

U.S. Rep. Brad Schneider (D-IL,10) has gained the endorsement of the National Committee to Preserve Social Security and Medicare (NCPSSM), the nonpartisan membership organization announced Wednesday. 

"We're endorsing Congressman Brad Schneider for re-election to the House of Representatives, and we're doing so on behalf of our membership, and we're doing so because of his commitment to protecting Social Security and Medicare," NCPSSM's President and CEO Max Richtman said on a conference call Wednesday.

Schneider, of Deerfield, said he is "so grateful" and "honored" to have the endorsement of the Washington, D.C.-based NCPSSM, which represents nearly 4 million members nationwide, including about 5,000 in the state's 10th congressional district.

"The decisions we make in Congress today matter to these people [who depend on Medicare and Social Security], because it has an impact on their everyday existence," the congressman said. "We cannot address our fiscal imbalance by putting the burden on those who struggle the most. We have to address it, but we can't do it in a way that disadvantages our seniors, breaks our promises and flies in the face of our values by ending the Medicare guarantee or weakening Social Security." 

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