Thursday, November 19, 2009
(Sadly I could not open this file until 2AM, so I apologize the post on this Bill is late, but I will be working on it tomorrow).
Up front it is looking better than expected. There is a Public Option, and even though the State OpOut Part is there, it is set up that it can not go into effect for atleast 3 years. There is NO Stupak Language or Amendments that I have found. Young Adults could and would be covered on their Parents/Family plan until 26 years old. And up to 31 Million of UnInsured would be covered.
I will give you more information tomorrow. ( Click the Link to the PDF- it is large, over 2400 pages).
LeftAlabama.com made a List of some of the Major Points::::
Opt out for the public option -- that doesn't kick in until 2014.
Penalty for individuals who don't purchase insurance is $95, also beginning in 2014.
It doesn't include the Stupak language, but the public option won't cover abortion services.
The opt-out mechnism is a law -- so it would have to pass both houses of our Legislature and be signed by the governor.
Subsidies would apply to a family of four making up to $88K or 400% of the poverty level.
Medicaid would be expanded.
No denials due to pre-existing conditions.
They raised the trigger limit for the tax on nice health insurance plans.
Medicare payroll taxes would rise 0.5% on couples making more than $250,000.
Think Progress has the breakdown on this bill that is worth reading...