| Although the proposal from Sen. Max Baucus excludes a "public option," it would allow for the creation of nonprofit health care cooperatives, an idea that some moderate Democrats and Republicans have expressed possible interest in supporting. ..Baucus' bill would cost less than $900 billion over 10 years, according to the source. The price tag is at least $100 billion less than any other health care reform bill currently under consideration by Congress, the source said. As with other reform proposals, the bill would bar insurance companies from dropping a policyholder in the event of illness, as long as that person has paid his or her premium in full. It adds new protections for people with pre-existing conditions and establishes tax credits to help low- and middle-income families purchase insurance coverage, the source noted. It creates health insurance exchanges to make it easier for small groups and individuals to buy insurance. The bill would be paid for, in part, by a new tax on health insurance companies that provide high-end "Cadillac" insurance plans, the source added. Supporters of such a tax, initially proposed by Massachusetts Sen. John Kerry and other Democrats several weeks ago, say will it help curb the cost of health care by discouraging employers from offering such plans. They also argue that consumers, in turn, will be discouraged from overusing the health care system. Critics claim that the new tax will cause insurance companies to raise rates on all of their customers, even those without more expensive plans |
It will also make companies drop those types of plans and forcing people to the health care cooperatives. So in other words the Dems will force people to be put on health care plans they didn't want in the first place, so they can't keep their plan and rations health care which is something Obama said would never happen.
Good job Dems.
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