Word: bill
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...Senator Jay Rockefeller, a West Virginia Democrat and longtime champion of the public plan, said he intends to introduce an amendment to insert the federal alternative into the bill, though there was no word if Baucus would accept such an amendment. "The proposed co-op model is untested and unsubstantiated and should not be considered as a national model for health insurance," Rockefeller said. If Dems choose to go it alone without any Republican support, it's possible they could include such a plan in the final version of the bill. But many moderate Democrats, such as Landrieu and Nebraska...
...Affordability This issue emerged in the final days of negotiations as a key flash point. To help keep costs down, Baucus provides comparatively less generous subsidies to help low- and middle-income people purchase insurance. "The House bill clearly does more to make coverage affordable for more Americans," said House Speaker Nancy Pelosi in welcoming Baucus' bill. "As this proposal evolves, we hope to see modifications that result in the Senate bill better reflecting the work of the House to make health care more affordable for all Americans...
...prospect of paying significantly more or getting an exemption [from the requirements that all individuals have health insurance] or being penalized, that is not going to meet their test of health-care security." The problem, of course, is paying for more subsidies. In its current version, the bill actually shrinks the deficit by about $50 billion over 10 years, according to the Congressional Budget Office. For many deficit hawks on Capitol Hill, unfunded liabilities are out of the question...
...Immigration Representative Joe Wilson may have gotten himself into trouble when he yelled "You lie!" at President Obama during the address to the joint session of Congress, but it certainly seems that Democrats took his outburst to heart. Senate Finance negotiators went back to the table and rewrote the bill to ensure not only that illegal immigrants would be prevented from receiving government subsidies to buy insurance, but that they wouldn't be able to purchase insurance on the so-called exchanges even if they could pay for it in full. The plan also tightens the rules for some legal...
...Medicare Baucus has held down the fiscal impact of his legislation by proposing to cut a hefty $500 billion in Medicare costs. The bill claims to do this by trimming a lot of fat out of the system and setting up an independent, nonpartisan panel that will take away Congress's power to set Medicare payment policies and reimbursement rates. But, most controversially, the bill takes a big chunk of money from the Medicare Advantage program, which essentially subsidizes insurers. "We are committed to working with policymakers and stakeholders to find savings in the Medicare program, including Medicare Advantage...