Baucus Healthcare Bill- what they are not telling us.

A look at a health care overhaul plan from Sen. Max Baucus, D-Mont., under discussion by six senators on the Finance Committee.

WHO’S COVERED: Around 95 percent of Americans. Illegal immigrants would not receive government benefits. (Hint:  How would it be determined the entitlement) If Healthcare is offered to all, as in California, the courts have ruled it is illegal to deprive aliens from the healthcare plan).

COST: Under $900 billion over 10 years.
(Whoa-where did that figure come from)
HOW’S IT PAID FOR: Fees on insurance companies, drug makers, medical device manufacturers and insurers. Tax of 35 percent on insurance plans costing more than $8,000 for individuals and $21,000 for families, applied to premium amounts over the threshold. Cuts to Medicare and Medicaid. A fee on employers whose workers receive government subsidies to help them pay premiums. Fines on those who fail to get coverage. (Cuts on Medicare? Thats right- the “Health Council’s will decide what gets cut) Don’t worry Gandma and Grandpa)
Hint: This is the Killer. Most of private insurance is over or close to $8000.00. We would thus pay a 35 percent tax on the benefit. (Any of this going to cost us anything)?
REQUIREMENTS FOR INDIVIDUALS: Everyone must get coverage through an employer, on their own or through a government plan. (This will come up later) Stay alert!

REQUIREMENTS FOR EMPLOYERS: Not required to offer coverage, but companies with more than 50 full-time workers would pay a fee if the government ends up subsidizing employees’ coverage.
(Bye Bye Company Insurance)
SUBSIDIES: Tax credits for individuals and families making up to 300 percent of the federal poverty level, which computes to $66,150 for a family of four. Households up to 400 percent of poverty line could also get some relief. Tax credits for small employers.
(That’s going to cost ME something)

BENEFITS PACKAGE: The government would set four benefit categories ranging from coverage of around 65 percent of medical costs to about 90 percent. No denial of coverage based on pre-existing conditions. All plans sold to individuals and small businesses would have to cover basic benefits, including primary care, hospitalization and prescription drugs.

GOVERNMENT-RUN PLAN: None. Would create nonprofit, member-owned co-ops to compete with private insurers.
(Sure) oops! See above: Requirements for Individuals!

HOW YOU CHOOSE YOUR HEALTH INSURANCE: Self-employed people and small businesses could pick a plan offered through new state-based purchasing pools. No changes for people working in larger companies.
(Oh, now I am starting to get it– Hmm no public health plan)?
CHANGES TO MEDICAID: Income eligibility levels raised to 133 percent of poverty for parents and children 6 and older. Childless adults making up to 133 percent of poverty would be eligible for the first time. The expansion would be delayed until 2014.
(Still trying to do the math)—- For the complete bill click on the following link.

Courtesey of thehill.com

http://thehill.com/images/stories/news/2009/september/090809/baucus_health.pdf

 

 

http://www.chron.com/disp/story.mpl/ap/washington/6617429.html

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