Major House Health Insurance Reform vote today: What Does it Mean?
The U.S. House of Representatives will vote today on health insurance reform intended to bring health care to roughly 30 million uninsured Americans. Members of the Democrat party only need a simple majority to pass the legislation and they claim they have it.
What will it mean if this health care bill passes?
Well that depends on who you speak to. Many Republican’s say the bill would mean higher taxes, higher insurance premiums and a bigger government to meddle in your health decisions. They claim the bill does little to address the run-away cost of health care.
Democrats, on the other hand, say that this bill is the best way to provide health care insurance to millions of Americans currently without coverage. Regardless of whose side you are on, the proposed legislation will force health insurance companies to accept all individuals with pre-existing medical conditions should it pass. It would also require that people purchase health insurance or face fines. We will explain all the ramification of the bill in this blog should it become law.
What health care legislation are the voting on today?
There will be two votes today in the House of Representatives. The first vote is on the health care bill previously passed Senate. Congress will then vote on a second bill (the so-called reconciliation bill) that is intended to resolve the major differences between previous versions of the bill. If the first one passes then that is law. If the first bill fails and the second one passes, the Senate would still have to vote on the reconciliation measure.
This should be interesting. Remember, that any health care reform that should pass today will take a long time before it is implemented. If you are currently uninsured, you should consider getting individual health insurance for the foreseeable future. We will keep you posted as soon on our health insurance blog as we see the results.
Comments and Questions
Click to leave a Comment