House Democrats Unveil Health Reform Bill

Yesterday, House Democrats released their 1,990-page version of health reform legislation. With the Senate bill set to be released soon, both chambers of Congress are now preparing set for a heated and momentous debate. The non-partisan Congressional Budget Office (CBO) estimates that the House bill will provide coverage to 36 million people, cost $1.05 billion over 10 years, and cut the budget deficit by $104 billion over ten years. Of note, the public option plan, if passed in its current form, will negotiate rates with providers instead of using Medicare reimbursement rates and imposes an income tax surcharge on families making over $1 million.

The Hill reports on more details of the bill here.

The following articles provide more detailed information:

• New York Times
• Wall Street Journal
• The Hill