Senate Reworks Health Care Proposal
Let's see if this one takes. After critics blasted an earlier, more expensive version, the Senate Health, Education, Labor and Pensions Committee took another crack at a plan to provide coverage for tens of millions of Americans without health insurance. The latest plan, released Thursday, comes at the lower cost of $611.4 billion, as opposed to the $1 trillion proposal that didn't go over so well last month.
Let’s see if this one takes. After critics blasted an earlier, more expensive version, the Senate Health, Education, Labor and Pensions Committee took another crack at a plan to provide coverage for tens of millions of Americans without health insurance. The latest plan, released Thursday, comes at the lower cost of $611.4 billion, as opposed to the $1 trillion proposal that didn’t go over so well last month.
Your support is crucial…WSJ.com:
The vast difference in dollar figures results in large part from a section in the proposal that would slap penalties on employers who don’t offer employee health benefits. Under the proposal, firms with 25 or more employees that don’t offer coverage would face fees of $750-per-year for full-time workers and $375-per-year for part-time workers.
The employer mandate would keep more people in their employer-based coverage, instead of forcing a migration of workers to the individual health insurance market. That migration is costly, because the legislation would provide subsidies for low and middle-income workers to purchase insurance on the individual market.
With an uncertain future and a new administration casting doubt on press freedoms, the danger is clear: The truth is at risk.
Now is the time to give. Your tax-deductible support allows us to dig deeper, delivering fearless investigative reporting and analysis that exposes what’s really happening — without compromise.
Stand with our courageous journalists. Donate today to protect a free press, uphold democracy and unearth untold stories.
Environment
More than half of discretionary spending goes to the military. Only a tiny fraction addresses the most urgent threat to our security.
Editorial Cartoons
Military
A new budget loophole will send Pentagon spending soaring even higher.
Politics
House GOP says Pentagon budget is safe—but social security and Medicare aren't.
The budget proposal offers a terrifying preview of what we can expect from Trump if he wins another four years in office.
Deficits averaging 4.8% of GDP are foreseen over the course of the coming decade; experts say anything above 3% is unsustainable.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.