Senator Harry Reid’s (D-NV) 2,074-page health care bill will increase family health insurance premiums by an average of $3,100 a year, according to new figures released by the Congressional Budget Office (CBO).
The CBO says that an average family plan will increase by 28% under the Reid bill – from $11,000 per family to $14,100 per family. In addition, a family of four with an income of $54,000 will pay 17% more of its income for p (more…)
California officials and advocates are offering different predictions about how the House’s recently passed health care reform bill (HR 3962) will affect California and the rest of the country, The Hill’s “Blog Briefing Room” reports.
California Lawmakers
California Democratic Reps. Dennis Cardoza and Jim Costa praised the House’s health reform bill for allocating new funds to support California health care programs.
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All signs point to Congress passing a comprehensive health care reform bill in 2009, potentially expanding health insurance coverage to 46 million uninsured Americans. This objective will be achieved through a combination of Medicaid eligibility expansions as well as the creation of a new health insurance exchange – basically a new health insurance market place – for persons earning above 100% of the Federal Poverty Level. Premiums for participan (more…)
Health insurance requirements could take a radical turn if a health care reform bill ever lands on President Barack Obama’s desk, and that could mean costly changes for Maryland businesses.
The House and Senate versions of the bill vary in several key areas, but both call for some sort of employer mandate, requiring certain business owners to provide health insurance to full-time employees, and would require individuals to have healt (more…)