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Wednesday, September 16, 2009

Health Care Bill from the Senate Finance Committee

By Padmini Arhant

According to the latest report from the Associated Press:

Health care bill advances without bipartisan deal -

“After months of bipartisan negotiations, Sen. Max Baucus, D-Mont., chairman of the Finance Committee, told associates during the day he intends to unveil a detailed outline of legislation on Wednesday and convene the panel next week to vote on it.

Baucus’ proposal is certain to shun the liberals’ call for the government to sell insurance, and rely instead on co-ops to offer coverage in competition with private industry. His approach includes a requirement for individuals to buy insurance, with financial penalties for those who don’t. Rather than a mandate for larger businesses to provide coverage for employees, they would be required to defray the cost of any government subsidies their employees would qualify for.”

For Analysis and the remaining report, please refer to:

http://www.padminiarhant.com

Thank you.

Padmini Arhant

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