Gerry Canavan

the smartest kid on earth

Deal Made

leave a comment »

With Nelson placated and on board, it looks as if the Democrats in the Senate will be able to pass health care reform by Christmas after all. Talking points:

The manager’s amendment builds upon the strong bill we already have.

Protects our good coverage, cost, and affordability number

* Reduces Deficits — estimated to save over $130 billion first ten and roughly $650 billion second ten

* Expands Coverage — over 94 percent of Americans under 65 years of age, including over 31 million uninsured

* Reduces Costs — most Americans will see their health care costs reduced relative to projected levels

Makes health care more affordable for Americans by expanding small business tax credits

* $12 billion increase

* Begins in 2010

* Expands wage thresholds for tax credits

Demands greater accountability from insurance companies/ creates more choice and competition

* Medical Loss Ratio 85/80 percent — Insurance companies will be forced to spend more money on care and less money padding their bottom line.

* Starting immediately children cannot be denied health coverage due to pre-existing conditions

* Insurance companies who jack up their rates will be barred from competing in the exchange.

* Give patients the right to appeal to an independent board if an insurance company denies a coverage claim

* Health insurers will offer national plans to Americans under the supervision of the Office of Personnel Management, the same entity that oversees health plans for Members of Congress.

* Provides significant resources for Community Health Centers

Written by gerrycanavan

December 19, 2009 at 10:52 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: