Thursday, October 29, 2009

Just in Time for Halloween

Halloween is upon us and the leaders from the House have thrown out a latest 1990 page Health Care Bill! If you had problems with HR 3200 you will love this one.

They state the following:

1. REDUCES THE DEFICIT MORE—According to the CBO, the revised bill reduces the deficit by $30 billion over the first 10 years.
2. ENDS HEALTH INSURANCE COMPANIES’ BLANKET EXEMPTION FROM ANTI-TRUST LAWS
3. EXTENDS COVERAGE FOR YOUNG PEOPLE UP TO 27TH BIRTHDAY THROUGH PARENTS’ INSURANCE
4. CREATES A NEW, VOLUNTARY, PUBLIC LONG-TERM CARE INSURANCE PROGRAM
5. EXEMPTS SMALL BUSINESSES WITH PAYROLLS BELOW $500,000 FROM EMPLOYER MANDATE
6. LIMITS THE “HEALTH CARE SURCHARGE” TO MILLIONAIRES
7. ADDRESSING GEOGRAPHIC VARIATIONS IN MEDICARE PAYMENTS/MOVING TO MEDICARE PAYMENTS REWARDING QUALITY AND COST-EFFECTIVENESS
8. BEGINS CLOSING THE MEDICARE PART D DONUT HOLE IMMEDIATELY
9. IMMEDIATE HELP FOR THE UNINSURED (INTERIM HIGH-RISK POOL)
10. HHS NEGOTIATION OF DRUG PRICES

This means public option and an in your face attack. Frankly the numbers are unbelievable. There is not CBO report.