President Obama and House Democrats had won the health care votes. The House had a long argument and at the end voted the bill to have coverage of 32 million Americans who do not have insurance. They banned insurers to deny coverage for people because of their medical condition records and they estimate a $138 billion cut in deficits over ten years. The bill that cleared Senate won at the House with 219-212. The article says that the president had 18 days of traveling to four states and lobbying to more than 60 lawmakers. This is the first time that Americans would be required to buy insurance and have penalties if they did not. Most of the money in the bill would be to families at incomes of up to $88,000 a year to have it pay for their premiums.The insurance companies cannot have lifetime dollar limits on not giving coverage to children because of their medical conditions of the past or cancel policies when a policyholder became sick. Now it is said that parents could keep children up to 26 instead of 23 on family insurance plans. To pay for the changes in the health care there would be about $400 billion higher taxes in the next ten years and about half of it is on people with incomes over $200, 000 and couples over $250, 000. The bill also "cut more than $500 billion from planned payments to hospitals, nursing homes, hospice and other providers that treat Medicare patients."
This is definitely could be a huge change to the American people. Depending on if you need health care or your income this bill could benefit or vice versa. Now many people who cannot healthcare could have it and some would have to pay more. This is a bill that I believe could help President Obama greatly as this is a major bill that he and the Democrats successfully got through House. Do you think the health care bill will benefit you or not?
Sunday, March 21, 2010
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