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The House of
Representatives is poised to vote on historic health reform
legislation in the next few days. The latest non-partisan
Congressional Budget Office (CBO) report estimates that an
additional 32 million Americans will receive coverage if the
legislation passes. The CBO further estimates that the bill would
reduce the deficit by approximately $138 billion between 2010
and 2019, and predicts continued savings in the following decade.
Many provisions,
including those that will protect people from health insurance
discrimination would take effect soon.
Click here to see the effective dates of some key insurance reform
provisions.
Health care reform will
strengthen and improve guaranteed benefits in traditional Medicare.
It will protect the integrity of the Medicare program by extending
the life of the Medicare Trust Fund and will reduce the outrageous
overpayments to private Medicare Advantage plans. It will improve
Medicare for all beneficiaries by slowing the growth of premiums and
other out-of-pocket expenses, enhancing preventive benefits, and
closing the "Donut Hole" gap in prescription drug coverage. Health
care reform will also provide coverage to millions of currently
uninsured Americans and end discriminatory practices by insurance
companies. Passing this legislation will strengthen Medicare, bring
a similar promise of health coverage to younger people, and increase
the economic security of all Americans.
It’s time to pass health
care reform - now. |