CBO: House Bill Would Cover 97 Percent Of Americans And Cost $1 Trillion

14 July 2009 8:11 pm by GeoT

http://edlabor.house.gov/documents/111/pdf/publications/AAHCA-BillText-071409.pdf
The reviews are good:

http://blogs.tnr.com/tnr/blogs/the_treatment/archive/2009/07/14/breaking-house-bill-good-wish-it-could-happen-quicker.aspx

Maybe this can actually be achieved…. finally.

 

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10 Responses to “CBO: House Bill Would Cover 97 Percent Of Americans And Cost $1 Trillion”

  1. Jane Austen says:

    GeoT – for crying out loud it’s over 1,000 pages long. :-) Does it have the public option?

  2. GeoT says:

    Jane Austen says:
    14 July 2009 at 8:14 pm
    GeoT – for crying out loud it’s over 1,000 pages long.
    ____

    Yes!

    here’s a synopsis:

    Generous subisidies, available to people making up to 400 percent of the poverty line

    Expansion of Medicaid to cover people making less than 133 percent of the poverty line

    Guarantees of solid benefits for everybody, with limits on out-of-pocket spending
    Strong regulation of insurers, including requirements that insurers provide insurance to people with pre-existing conditions without higher rates

    An individual mandate, so that everybody (or what passes for everybody in these discussions) gets into the system and assumes some financial responsibility
    A public plan, one that appears to be strong, although I’ll reserve judgment on that until I hear from the experts

    Choice of public and private plan, at first just for individuals and small businesses, but later for larger businesses and–possibly–eventually for everybody

    Efforts at payment reform, if not necessarily as strong as they could be
    Investment in primary care and prevention, which is not sexy but potentially important for general health .

  3. Jane Austen says:

    Thanks for the highlights GeoT. I just don’t want this to become a confusing package of jibberish. I just don’t have the faith I should have in government anymore. Guess I’ve lived too long. We need a strong program of prevention because that’s where we can stop problems before they become full blown disease.

  4. GeoT says:

    Jane Austen says:
    14 July 2009 at 8:51 pm
    We need a strong program of prevention because that’s where we can stop problems before they become full blown disease.
    __

    Amen, that’s the best long-term cost cutting there is.

  5. daubry says:

    Prevention! Prevention! Prevention!

  6. GeoT says:

    OT alert: President throws out first pitch @ MLB All-star game:

    http://l.yimg.com/a/p/sp/tools/med/2009/07/ipt/1247619516.jpg

  7. psychodrew says:

    A trillion dollars? Did they offer anything in the way of paying for the plan? There is no way a bill will get out of the Senate if the net cost is that high.

  8. GeoT says:

    psychodrew says:
    14 July 2009 at 10:06 pm
    A trillion dollars? Did they offer anything in the way of paying for the plan?
    ___

    there’s a proposed tax on incomes over $350,000

    and it’s $1 trillion over 10 years, just to be clear.
    ____

    House health plan to boost taxes on rich

    http://www.google.com/hostednews/ap/article/ALeqM5jlMpJGn28kqCcgU-aGcYE_ZHW-ywD99EDU600

  9. secularhumanizinevoluter says:

    Well if we stop pouring gazillions of dollars into the sands in Iraq and start acting like someone actually has some idea what we should be doing in Afgahnistan we should be able to save a couple hundred BILLION or two. I know it’s not much but hey, hundred billion here, hundred billion there, pretty soon yer talkin REAL money!
    And think of how the hundreds of millions in anti healthcare advertising and lobbying will help the economy!! It;s a win, win, win!!!

  10. psychodrew says:

    GeoT says:
    14 July 2009 at 10:17 pm
    _______________

    Do you think that will pass the Senate? I don’t think there are 51 Senators with the balls to raise taxes.

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