Monday, March 22, 2010

Health Care Reform Passes

The House of Representatives passed the Senate version of the health care reform bill with a 219 to 212 vote. Moments later, a follow up health budget reconciliation bill was also passed with a 220 to 211 vote. Now, the reconciliation bill goes to the Senate for consideration. The new health care reform bill mandates that everyone must have health insurance coverage. This historical bill will provide coverage to more than 32 million Americans that were previous declined because of pre-existing conditions or were uninsured. The people who can't afford the coverage will receive subsidize to cover the cost. With this bill implemented, the landscape of the health insurance industry will forever be changed.

Friday, March 19, 2010

Gizmo Health, www.Gizmohealth.com: Time to Vote

The House of Representatives is scheduled to vote on Sunday for the health care bill which was passed by the Senate back in December. Several Republicans are making a last minute stand to stop the bill requesting to start over from scratch. President Obama countered these efforts by rallying support by visiting univerisities and town hall meetings across the country. The President has also put pressure on certain members of Congress to sway their vote in favor of the bill. Even with a victory on Sunday, there will still be a lot of work to be done. The Senate will needs to pass the reconciliation fixes in legislation.

The health care bill will extend coverage to roughly 32 million Americans and cost nearly $940 billion over the next 10 years, according to the Congressional Budget Office. The bill will cut the deficit by $138 billion during those 10 years and reduce it by another $1.2 trillion over the next 10 years. President Obama postponed a trip to Indonesia and Australia until June, because he wanted to be here for this historical event and support the vote by delivering a low-key congratulatiory speech if the legisalation passes.

Thursday, March 11, 2010

Decision Time for Health Care Reform

President Barrack Obama has requested that the Health Care Reform Bill be on his desk before Congress's Easter recess. Health Care Reform Bill is in the final stages of legislation with the respective versions of the House and Senate bills being merged into one concise version.

Follow the latest news on the Health Care Reform Bill with CNN:

http://www.cnn.com/2010/POLITICS/03/10/health.care.deadlines/index.html

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