Health Care Passed in House(11/7) The House passed its version of a universal health care insurance plan for most Americans. It includes the following: click title for more * A requirement that all Americans are insured. * A government option which will compete with private plans * Federal monies for low and middle income people so they can access insurance. * Private insurers will not be able to exclude people due to pre-existing conditions or to set life time limits on coverage. * The Medicare donut hole will be eliminated * Medicaid will cover more people. There will be 5.4 % tax on the Adjusted Gross Income of those individuals over $500,000 and for joint payers over one million. Next: as the next week or two) and vote later on its version of the bill. * A conference committee will negotiate the differences and develop a sin * The Senate will begin debate soon(perhaps as early gle bill. * Each house will vote on the same bill. * Then the president signs or vetoes it. * All this could take until the end of this year or the beginning of the new year. |
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