Monday, 22 February 2010

Healthcare Reform Take 4. Note Market Based Approaches..

For those interested in cliff notes:

$950B price tag over 10 years (funded by healthcare fees, employers penalties)

Similar to health reform framework passed by Senate Democrats in December (which I called)

Mandate that requires individuals to purchase health insurance,

Subsidy for people who cannot afford coverage but taxes and fees to raise revenue

Market based approaches: health insurance exchanges and an ability to go across state lines and $40B in tax credits

Excise/Cadillac tax delay

Senate abortion language (not stricter house language)

Senate reconciliation permitted (legislation passes Senate with 51 votes, instead of having to clear the 60 vote threshold).
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US Healthcare Reform Bill-- Did you read it yet?

http://www.opencongress.org/bill/111-h3200/show

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