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House Dem Health Care Bill Posted Online
Eric Kleefeld | October 29, 2009, 10:46AM
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The full text of the House Democrats' health care bill has been posted here.
So take a look, it might be fun reading.
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Indie Pro
October 29, 2009 10:50 AM
bringing the Insurance industry back under anti-trust laws is in the bill!
"...covering market allocation, price fixing and bid rigging and 'give the Federal Trade Commission authority to look into the health insurance industry at its own initiative.'"
that's cool
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theWalrus
October 29, 2009 11:11 AM
Betsy McCaughey is pouring over the bill right now. I'm sure we'll be hearing from her soon.
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Jim H
October 29, 2009 12:32 PM in reply to theWalrus
I think I can hear her page flipping...
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Richardxx
October 29, 2009 11:56 AM
Wow. 1990 pages.
It's not a suprise, but it's quite gratifying to see several items.
P. 94. Eliminates the consideration of preexisting conditions in the issuance of health insurance.
P. 95. Outlaws Recissions.
P. 96. Limits the variation of premiums base on age to a ratio of 2 to 1. That is, the highest premium charged based on age cannot be more than twice to lowest premium offered.
P. 97. Premiums can vary by area only to the extent permitted by State insurance regulators, or for Exchange-participating health plans, as specified by the Commissioner in consultation with State regulators.
P. 97. The premiums charged for family enrollment can vary from the premiums for indidual enrollment only as long as it is uniform and in accordance with State law and consistent with the rules of the Commissioner.
Division B, Title V has a provision regarding MEDICARE GRADUATE MEDICAL EDUCATION about which I am quite curious. Unfortunately I can't find it in the 1990 pages of the bill.
This bill is going to take quite a while to understand, and I'll bet that fully 95% is not controversial.
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Jim H
October 29, 2009 12:37 PM in reply to Richardxx
Yeah 1990 pages, but that's a pretty damn large font (and margins). I bet you could squeeze that baby down to 200 pages easy.
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Richardxx
October 29, 2009 1:06 PM in reply to Jim H
What? And run the risk of alienating the paper industry lobbyists?
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Richardxx
October 29, 2009 12:21 PM
Indie Pro, you are quite correct.
Section 262 starting on page 150 eliminates the portion of the McCarran-Ferguson Act that prevents application of the ANTITRUST LAWS TO HEALTH SECTOR INSURERS. There will be shrieking and gnashing of teeth over that one.
I wonder if it will survive to the final bill. It'll damned sure lower costs if it does survive.
Think the insurance company executives will take a cut in pay of the profits drop? What's happening to the stock prices of the big insurers today?
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