Politico reports that Democratic leaders in the U.S. House of Representatives have released their draft of healthcare reform legislation. The bill creates a public insurance option, expands Medicaid, and requires employers to provide coverage or pay a tax. It also carries an individual mandate, with exception for cases of hardship. Those who are not covered by health insurance would pay a penalty based on 2 percent of their income above a certain level. The draft does not contain details on how to pay for the plan. Additionally, Rep. Henry Waxman (D-Calif.), head of the House Energy and Commerce Committee, stated that the House wants to find a permanent fix for the Medicare Sustainable Growth Rate reimbursement formula.
October 2011
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June 23, 2009
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