Health Care Bill Text Summary Online Vote Sunday
Health Care Bill Text Summary Online Vote Sunday – Late last night the Congressional Democrats finally unveiled the final version of President Barack Obama’s historic and controversial health care bill which is set for a House vote this Sunday.Here is a break down of the health care reform.
-According to the Congressional Budget Office’s report it will cost 940 billion over 10 years.
-It has the potential to cover 32 million uninsured starting in 2014.
-95% of Americans are required to be insured or else pay a fine (starting in 2014) exempt for low-income people.
-Taking effect in 2014 it will become illegal for insurers to deny coverage to people with medical problems or charging them more.Additionally higher premiums for women would be banned.
-No health plan would be asked to offer coverage for abortion.
-Beginning in 2011, most seniors will be getting a 50% discount on brand name drugs.
- Starting in 2018 individuals making more than $200,000, or married couples above $250,000 will be facing a 3.8 percent tax increase in order to pay for the bill.
Health Care Bill Text can be found HERE
Category: US News