Continuing with Happy Week, the House passed the Healthcare Bill tonight. The next step is President Obama, who is certain to sign it. According to the NY Times:
The health care bill would require most Americans to have health insurance, would add 16 million people to the Medicaid rolls and would subsidize private coverage for low- and middle-income people, at a cost to the government of $938 billion over 10 years, the Congressional Budget Office said.
The bill would require many employers to offer coverage to employees or pay a penalty. Each state would set up a marketplace, or exchange, where consumers without such coverage could shop for insurance meeting federal standards.
They say this won’t affect most Americans who are currently covered under private plans, but it’s a great first step towards guaranteeing healthcare to everyone.
Find more commentary on the passage of the bill here.
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