Some of the benefits that will be introduced within the first year:
Small business tax credits
Coverage for those with pre-existing conditions
Assistance for early retirees
Dependent coverage to age 26
No more rescissions
Enhanced preventive care
Some of the major tax changes will be delayed by a few years:
Medical device taxes (2013)
Taxes to benefit Medicare Part A (2013)
Insurance sector fees (2014)
Mandated coverage (penalty to start low in 2014 and then phase in through 2016)
"Cadillac tax" (2018)
10 percent of the total is raised in the first four years
PolitiFact | Tiahrt: Health care bill will collect 10 years of taxes for six years of services
“I’m worried that I will be the last Republican president.” - George W. Bush
How much depends on income. For example, people at 133% of the federal poverty level (currently $22,000. for a family of four) will pay a maximum of 3% of income for coverage. People at 400%, will pay a maximum of 9.5%. The taxpayers pay the rest.
For example, if health coverage for a family of four is $12,000. per year and they make $88,000. a year, the rest of us will subsidize their health care premiums $3,640. The family will pay $8,360. per year. Not a bad deal for them, sucks for the rest of us.
And that's not even counting the increased number of people that will be eligible for Medicaid.
You really should read what's in this bill before posting as if you know what it's about.
Last edited by Gill; 04-19-10 at 07:26 AM.
We don't know how many (though there are plenty of estimates out there) but we do know that not everyone who doesn't have health insurance today lacks it because they can't afford to pay any of the premiums.