After a late Saturday session, the House passed H.R. 3962, the Affordable Health Care for America Act.
The bill includes a public-run health plan, which is expected to cause controversy in the Senate.Below are a few highlights of the bill:
- Estimated cost: $1.05 trillion
- Includes a government-run health plan option that will compete with private insurers in a health care exchange
- Prohibits insurance companies from denying coverage or increasing premiums based on pre-existing conditions
- Provides subsidies to individuals and families receiving income at up to 400% of the poverty level
- Provides tax credits to some small businesses that provide coverage to their employees
- Prohibits lifetime caps on insurance coverage
- Expands Medicaid eligibility
- Prohibits the use of federal funds for abortions, except in the cases of rape, incest, or danger to the mother's life
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