DOLE WANTS MEDICAL SAVINGS ACCOUNTS IN INSURANCE BILL.Byline: The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Sen. Bob Dole dole, distribution to the poor, usually of food or money. In medieval times doles were usually from bequests of money or land, and the income was given to charity or distributed to the local poor at funerals. , the likely Republican nominee nominee n. 1) a person or entity who is requested or named to act for another, such as an agent or trustee. 2) a potential successor to another's rights under a contract. for president, has told other senators that he will try to amend a bipartisan health insurance bill to encourage medical savings accounts Please help recruit one or [ improve this article] yourself. See the talk page for details. , a proposal that puts him squarely square·ly adv. 1. Mathematics At right angles: sawed the beam squarely. 2. In a square shape. 3. at odds with President Clinton. The proposal, strongly supported by conservative Republicans, would create tax incentives for people to establish such savings accounts Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: to pay medical expenses, as an alternative to standard health insurance. Conservatives like Sen. Don Nickles Donald Lee Nickles (born December 6, 1948) is an American political leader who was a United States Senator from Oklahoma from 1981 until 2005. He is a member of the Republican Party. While in the U.S. of Oklahoma, chairman of the Senate Republican Policy Committee, support such accounts, saying they encourage people to take more responsibility for their medical spending and give them virtually unlimited choice of doctors and hospitals. Opponents say the accounts appeal most to people who are relatively healthy and well-off, leaving traditional insurance coverage to sicker and poorer people and thus making it more expensive. The chief sponsor of the bill, Sen. Nancy Kassebaum, said Wednesday that she would resist efforts to amend it. Kassebaum, R-Kan., said she had the votes to block medical savings accounts. She said she feared that such a proposal would undermine support for her bill, which is intended to make health insurance more readily available. Dole, the majority leader, and the supporters of his proposal ``don't have 50 votes for medical savings accounts,'' Kassebaum said. Sen. Edward Kennedy of Massachusetts, the main Democratic co-sponsor of the legislation, said Wednesday night, ``The addition of highly controversial riders like medical savings accounts will certainly sink the bill.'' The House last month passed a similar but more complicated bill that includes medical savings accounts. The bills are the first major effort to make health insurance more accessible to Americans since the demise of Clinton's ambitious proposal in 1994. Their main purpose is to guarantee that people in employer-sponsored health plans can obtain health insurance if they switch jobs or lose their jobs. |
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