The main points in the recently unveiled Obama healthcare plan include:

  1. Obama’s health care proposal will help more than 31 million uninsured Americans get coverage.
  2. It establishes a health insurance market that would provide the same insurance choices that members of Congress have.
  3. Health insurance exchanges would be created to simplify the process for small businesses, the self-employed and unemployed to purchase less expensive coverage.
  4. No Public Option
  5. Would bar insurers from charging higher premiums based on a person’s gender or medical history, or denying coverage based on pre-existing conditions.
  6. Helps narrow the Medicare “doughnut hole,” in the short term by providing a $250 rebate to Medicare beneficiaries who reach the limit in 2010.
  7. Lowers premiums for families making between $44,000 and $66,000
  8. Obama’s plan lowers the maximum penalty for individuals based on the mandate for everyone to get healthcare coverage.
  9. Proposal does not mandate that employers provide health insurance.
  10. Companies with more than 50 employees would be required to pay a fee of $2,000 per worker if the company does not provide coverage and any of that company’s workers receives federal health care subsidies.
  11. Delays the $67 billion assessment on health insurers, pushing it to 2014 at which time the health insurance exchanges and market will go into effect.
  12. Increases the revenue drawn from the pharmaceutical industry to $23 billion over the next three years
  13. Some provisions to help combat waste and fight fraud.

Related posts:

  1. Barack Obama’s Democratic Nomination and His Health care Plan
  2. Obama and McCain’s Healthcare Plans
  3. Public Health Insurance Option Alternatives
  4. Massachusetts Universal Healthcare Plan Gaining Momentum
  5. President Barack Obama and Health Care

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