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Key Details Of Democrats' Health Overhaul Bill

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Nov 7, 2009 11:56 pm US/Eastern

Key Details Of Democrats' Health Overhaul Bill

The Associated Press,
(AP) The House health care bill passed Saturday would:

—Require most Americans to purchase health insurance or pay a fine.

—Expand health care coverage to 36 million more people over the next decade.

—Require employers with payrolls above $500,000 to provide insurance to their employees or pay a fine.

—Prohibit insurance companies from denying coverage because of pre-existing medical conditions.

—End premium disparities between men and women.

—Impose a 5.4 percent income tax surcharge on income above $500,000 annually for individuals and above $1 million annually for households.

—Establish a government-run insurance plan to compete with private insurers beginning in 2013.

—Cost $1.2 trillion over 10 years.

—Cut Medicare spending by more than $400 billion over 10 years.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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