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New HELP Bill Covers 97 Percent Of Americans, Costs $600 Billion

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Austin Heller
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« on: July 02, 2009, 11:12:24 am »


New HELP Bill Covers 97 Percent Of Americans, Costs $600 Billion

DAVID ESPO | July 1, 2009 09:49 PM EST |





President Barack Obama speaks about health care during a town hall meeting at the Northern Virginia Community College in Annandale, Va., Wednesday, July 1, 2009. (AP Photo/Alex Brandon)

WASHINGTON — Democrats on a key Senate Committee outlined a revised and far less costly health care plan Wednesday night that includes a government-run insurance option and an annual fee on employers who do not offer coverage to their workers.
The plan carries a 10-year price tag of slightly over $600 billion, and would lead toward an estimated 97 percent of all Americans having coverage, according to the Congressional Budget Office, Sens. Edward M. Kennedy and Chris Dodd said in a letter to other members of the Senate Health, Education, Labor and Pensions Committee. The AP obtained a copy.
By contrast, an earlier, incomplete proposal carried a price tag of roughly $1 trillion and would have left millions uninsured, CBO analysts said in mid-June.
The letter indicated the cost and coverage improvements resulted from two changes. The first calls for a government-run health insurance option to compete with private coverage plans, an option that has drawn intense opposition from Republicans.
"We must not settle for legislation that merely gestures at reform," the two Democrats wrote. "We must deliver on the promise of true change."
Additionally, the revised proposal calls for a $750 annual fee on employers for each full-time worker not offered coverage through their job. The fee would be set at $375 for part-time workers. Companies with fewer than 25 employees would be exempt. The fee was forecast to generate $52 billion over 10 years, money the government would use to help provide subsidies to those who cannot afford insurance.
The same provision is also estimated to greatly reduce the number of workers whose employers would drop coverage, thus addressing a major concern noted by CBO when it reviewed the earlier proposals.
Kennedy, D-Mass., and Dodd, D-Conn., circulated their letter a few days before lawmakers return from their July 4 vacation, with the Health Committee one of several panels expected to take action on health care legislation that President Barack Obama has placed atop his domestic agenda.
Kennedy, the committee chairman, was diagnosed with a brain tumor more than a year ago and has been absent from the Senate for weeks, although he and his aides have been heavily involved in the deliberations on a health care bill. Dodd, the next senior Democrat on the committee, has presided at committee sessions and taken an increasingly public role.
With its government option, the proposal is unlikely to gain any bipartisan support in the committee.
Separately, Democrats and Republicans on the Senate Finance Committee are at work trying to reach agreement on an alternative that calls for creation of nonprofit cooperatives to sell insurance in competition with private industry. Agreement has been elusive on that and other issues, and it is not clear whether a deal is possible before Democrats opt for a more partisan approach.
In their letter, Kennedy and Dodd said the Congressional Budget Office "has carefully reviewed our complete bill, and we are pleased to report that CBO has scored it at $611.4 billion over 10 years, with the new coverage provisions scored at $597 billion. ...The completed bill virtually eliminates the dropping of currently covered employees from employer-sponsored health plans.
"In addition, our bill, combined with the work being done by our colleagues in the Finance Committee, will dramatically reduce the number of uninsured _ fully 97 percent of Americans will have coverage, a major achievement."
Three committees in the House have been at work for weeks on a plan expected to come to a vote by the end of July.


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Austin Heller
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« Reply #1 on: July 02, 2009, 11:13:39 am »

Jason Rosenbaum
Activist living in Washington, DC; works for Health Care for America Now
Posted: July 2, 2009 11:46 AM
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All 13 Democrats are voting for new HELP health care bill
The HELP Committee has released their final version of a health care bill, including a public health insurance option and a provision for shared responsibility:
Democrats on a key Senate Committee outlined a revised and far less costly health care plan Wednesday night that includes a government-run insurance option and an annual fee on employers who do not offer coverage to their workers.The plan carries a 10-year price tag of slightly over $600 billion, and would lead toward an estimated 97 percent of all Americans having coverage, according to the Congressional Budget Office, Sens. Edward M. Kennedy and Chris Dodd said in a letter to other members of the Senate Health, Education, Labor and Pensions Committee. The AP obtained a copy.

By contrast, an earlier, incomplete proposal carried a price tag of roughly $1 trillion and would have left millions uninsured, CBO analysts said in mid-June.

You got that cost number right - $611 billion. If you'll remember, the last version of the HELP bill - without a public option or shared responsibility - came in at $1 trillion. Clearly, these changes saved money. (And remember when John Boehner, Republican leader in the House, said the public option would cost over $1 trillion? He's dead wrong.)

On the conference call announcing the measure, Senators Dodd, Brown, and Whitehouse said that all 13 HELP Democrats would be voting for this bill. That's right, every single one.
Richard Kirsch, Health Care for America Now's national campaign director, had this to say:
The HELP Committee's bill will give Americans all across this country what they want - a choice of a strong public health insurance option that will provide lower costs and keep the insurance companies honest. The public health insurance option included in the HELP bill will be available on day one, giving Americans a new alternative to the private insurance industry. It will also encourage the delivery of better health care at a lower cost. The public health insurance option, combined with other key sections of the HELP Committee legislation, makes this bill a good prescription for health care reform. More specifically, the bill invests enough resources to make good, affordable health care available to middle-class families and includes strict rules to stop insurance company abuses.

We urge the Senate Finance Committee and the full Senate to follow Senator Kennedy and his fellow Democrats' lead in giving everyone a choice of keeping their current health insurance coverage or selecting a new public health insurance option. That public health insurance option would be a real alternative to the private insurance companies that have failed to make health care affordable while regularly delaying and denying needed care.

I concur. The HELP Committee is standing up today and doing the right thing for the American people, and indeed, doing something they deeply support. Finance should follow suit.

(also posted at the NOW blog)
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