Sunday, March 21, 2010

Health Care Reform

From the Huffington Post:

Summoned to success by President Barack Obama, the Democratic-controlled Congress approved historic legislation Sunday night extending health care to tens of millions of uninsured Americans and cracking down on insurance company abuses, a climactic chapter in the century-long quest for near universal coverage. Widely viewed as dead two months ago, the Senate-passed bill cleared the House on a 219-212 vote. Republicans were unanimous in opposition, joined by 34 dissident Democrats.

Obama watched the vote in the White House's Roosevelt Room with Vice President Joe Biden and about 40 staff aides. When the long sought 216th vote came in — the magic number needed for passage — the room burst into applause and hugs. An exultant president exchanged a high-five with his chief of staff, Rahm Emanuel.

A second, smaller measure — making changes in the first — was lined up for passage later in the evening. It would then go to the Senate, where Democratic leaders said they had the votes to pass it.

The nonpartisan Congressional Budget Office said the legislation awaiting the president's approval would extend coverage to 32 million Americans who lack it, ban insurers from denying coverage on the basis of pre-existing medical conditions and cut deficits by an estimated $138 billion over a decade. If realized, the expansion of coverage would include 95 percent of all eligible individuals under age 65.

For the first time, most Americans would be required to purchase insurance, and face penalties if they refused. Much of the money in the bill would be devoted to subsidies to help families at incomes of up to $88,000 a year pay their premiums.


Anonymous said...

"For the first time, most Americans would be required to purchase insurance, and face penalties if they refused."

" of the free?" Gone. We begin our descent into the gray ooze.

Anonymous said...

Woo Hoo! Now I don't have to save / sacrifice for my own needs - your kids are gonna' be payin' my medical bills! Off to get that flat screen!

Bugsy malone said...

As of 3/22 1:00 p.m. per AP news: "All three health-care sectors have been viewed as winners under legislation which should add about 32 million Americans to the health-insurance rolls. "Most of the industry wins from this legislation," says Les Funtleyder, a health-care strategist at Miller Tabak & Co."

If this is "reform", I don't want to see "change."