In a nutshell the bill would provide public exchanges to be set up online that offer multiple choices and competing plans which in turn should drive down premium costs. Also no one would be denied because of a pre-existing condition. Medicaid would be expanded to cover more lower income families and individuals and non-profit co-ops similar to co-op energy companies would be setup to compete. These co ops would supposedly be able to offer affordable and quality insurance options instead of a government backed public option.
These are just a few that jumped out just after reading through the bill. More debate and details will be forth coming as more people read the bill and measure whether it will accomplish real health reform. As of now republicans aren’t showing much interest other than “NO”. My question is if republicans don’t support this bill they’re not going to agree on any compromise for real health reform and Democrats will have to fish to get a few moderate republicans to support it.
U.S. Senator Max Baucus in Washington, September 14, 2009. U.S. Senator Max Baucus unveiled his plan for a 10-year, $856 billion healthcare overhaul on Wednesday that would revamp insurance rules but does not include a government-run option backed by liberal Democrats.REUTERS/Jim Young
A supporter of the health care reform holds a sign outside a health care town hall meeting with U.S. congressman Kendrick Meeks(R-FL) in Miami, Florida September 3, 2009. REUTERS/Carlos Barria