Thursday, October 29, 2009

House Health Care Reform Bill

October 29, 2009
Health care reform bill, House of Representatives:

- Government run health insurance plan
- Negotiated rates
- All insurers would have accept new customers regardless of preexisting conditions
- More preventive care
- Expand Medicaid to anyone with 150% of poverty level
- Employers must provide insurance or pay a penalty
- New tax on people making over $ 1 million per year
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- Estimated savings of $500 million per year

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