The senate bill is now online. Or, at least the bill coming from the senate finance committee. 1502 pages. No word on how much this stack of stuff weighs.
The explanation of the purpose of the bill is stated as: "To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes."
What are these "other purposes"?
Already there is one area of concern by five members of the senate:
"...five democratic senators expressed concerns about one of its main provisions, a 40 percent tax on high-end insurance plans.
The tax is designed to pay for reform and lower costs by making the
so-called Cadillac plans less attractive for insurers to offer. Under
the bill, a plan that costs an individual more than $8,000 and a family
more than $21,000 annually would be subject to the tax.
But Democratic Sens. John Kerry, Chuck Schumer, Robert Menendez, Debbie
Stabenow and Jay Rockefeller are concerned that the threshold that
defines a Cadillac plan is too low and will whack middle-class people."
"An excise tax on health insurance benefits is middle class regressive." FDL
Not that this bill will remain in its present form, but it is the bill which generated all the publicity last week when the finance committee voted to approve. The senate will now try to find a way to combine this bill with the bill coming from the senate health committee. It will then be merged somehow with a bill from the House.
Anyone plan on reading the bill? Anyone in congress? Any lay people?