Reuters via Yahoo! News
President Barack Obama called the vote "courageous," since no federal legislative body has gotten this far. House Speaker Nancy Pelosi said, "No longer will being a woman be a pre-existing medical condition" because the bill would end insurance company practices of charging women more for coverage than men. And Senate Republicans were all over the Sunday news shows saying the House bill is dead on arrival in the Senate.
And yet... this is real progress. Everyone will not be happy with this bill and definitely not with the compromise bill that hopefully will emerge from the Senate. But for the first time in a very long time, Congress has the chance to make sure more people who need health insurance are able to get it.
Some big things about this bill:
- It would extend insurance coverage to 36 million people who don't have any insurance now.
- it would no longer allow insurance companies to deny coverage once someone becomes ill or because of a pre-existing condition.
- It would create a federally regulated marketplace where people who do not get insurance coverage through employers could shop for coverage.
- It is estimated to cost $1.1 trillion over 10 years, which would be paid for by cuts in Medicare along with new fees and taxes on upper-earner incomes.
- To get this close-margin bill passed, a last-minute change was made to tighten restrictions on coverage for abortions under any insurance plan that receives federal money. The vote to make this change was 240 to 194, and the overall bill would not have passed without it.
Are you encouraged or disappointed by this bill? We know you've got strong opinions about this legislation, so check out some of the links below and chime in on this historic--yes, historic--vote.
Obama Calls Bill's Passage "Courageous [NYT]
All Eyes on Reid [Politico]
Big question mark: Fate of health care in Senate [Yahoo! News]
