Good luck reading this crap. I have and there are some good points and many many more bad points depending on what type of situation you're currently in. There' so much govt fat and B.S. in here that doesn't reduce cost of health care one bit. Additionally there is a lot of reference to other pieces of legislature you need to have to decipher much of it.
It's a shame the government has been vilifying insurance companies in error to tug at the hearts of the American people. None of us like insurance companies because they can sometimes suck however the people need to put emotions aside and look at the realities and at what this bill is really going to do to this country.
It's not the insurance company that charges $4K for an MRI, $8K for a CAT scan or in my case $300,000 for a 5 way bypass and 7 days in the hospital (which by the way it was $5,000 per day for the hospital room only!!) The hospitals charge the exorbitant fees and and cry it's because of all the staff, operating costs and of course the R&D that went into the products your using. ($89.00 for a box of tissues!!??) give me a break. That's where they need cost controls. Oh well enough of my soap box/opinion.
Here's a couple Pro/Con's from this fiasco. You'll need to read/interpret the rest on your own.
A. It expands Medicaid eligibility for low-income individuals and families.
b. It allows a new tax credit for small business employers who provide health care coverage to their employees.
A. Creation of 16,000 IRS jobs to review your insurance to make sure it meet the governments level of health care and administer you a fine if it doesn't. (This one was on the news this morning)
B. It imposes a surtax on individuals who do not obtain health care coverage. (So now all the 20 somethings that pay as they go to the doctor will now have to pony up for an insurance plan or pay a $3000-$5000 fine)
C. The new tax credit does not offset the administrative burden of small business owners in providing health care coverage for their employers. Employers will be able to pay a penalty of $750 per employee to stop funding employer based health plans. (basically forcing all health care to be obtained from the government putting 250,000+ people in the insurance industry out of a job).
This is a link to multiple documents pertaining to health care. Fact Checking the White House | Fix Health Care Policy
Senate bill that was passed.:
The House Bill:
Differences between House and Senate bills:
Link to Senator Reids massive 2074 page monstrosity.