Baucus health care proposal unacceptable to all parties concerned

     Democrats and Republicans alike want to rework Senate Finance Committee Chairman Max Baucus's health care reform proposal before the legislative process continues.
     The proposal requires Americans to purchase health insurance and penalizes those who do not, using federal subsidies to assist those who cannot afford it, The New York Times reported.
     According to The Washington Post, the plan is scheduled to advance to committee debate on Tuesday and address the challenge of how to make mandatory insurance affordable for 30 million uninsured people in America.
     The proposal's main revenue source- an excise tax on insurance companies' more generous policies- concerns lawmakers of both parties for its impact on the middle class. More positively, it appears the plan will create fiscal stability, lowering the federal deficit over time, according to The Washington Post.
     Baucus himself told the New York Times, "Our health care system is simply unsustainable. It's breaking the bank for everyone, from families to businesses to governments." Baucus's proposal is the least expensive of five health care reform measures currently before Congress, costing $774 billion over 10 years.


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This page contains a single entry by ellio244 published on September 18, 2009 5:02 PM.

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