You asked for it….now you got it! The House version of the health reform bill has finally seen the light of day…it has just been announced….and now we can pick it apart…well, as soon as all the details are out……let the fun begin!
CNN has its report on the bill:
The bill — a combination of versions passed by three House committees — includes what is termed a “negotiated rate” public option. It will cost $894 billion over 10 years and extend insurance coverage to 36 million Americans, according to House Speaker Nancy Pelosi’s office.
The bill guarantees that 96 percent of Americans have coverage, Pelosi’s office said. The figure is based on an analysis by the nonpartisan Congressional Budget Office.
Under the House plan, health care providers would be allowed to negotiate reimbursement rates with the federal government, according to Democratic leadership aides.
Pelosi’s office said the bill would cut the federal deficit by roughly $30 billion over the next decade. The measure is financed largely through a combination of a tax surcharge on wealthy Americans and spending constraints in Medicare and Medicaid.
Medicare expenditures would be cut by 1.3 percent annually, Pelosi’s office said.
Under the House plan, health care providers would be allowed to negotiate reimbursement rates with the federal government, according to Democratic leadership aides.
Any bill passed by the House of Representatives will eventually have to be merged with legislation passed by the Senate. Both chambers would then have to pass a revised measure before sending it to President Obama to be signed into law.
You may have only thought that the “robust” public option was still alive…….
Are you ready for the fun? The GOP already hates it….go figure and as more details are released the more of an overall picture we will have of the proposal.
I will begin……”negotiated rate” public option? What happen to there would be a “robust” public option? Negotiated rate does not sound robust to me.
Sorry, progressives….so far you guys are getting bumpkus of the stuff you wanted….the GOP ought to be thrilled….why?….they have succeeded in killing the possibility of ALL Americans getting adequate health care….that is a win….so far the Dems are losing…but as the pundits say…if Obama gets a bill to sign, then that would be a win….
And that is the stupidest thing I have ever heard……
More to follow…………….