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Health Care Bill Gets (At least one) Green Light

As reported in the New York Times:

"The Senate Finance Committee legislation to revamp the health care system would provide coverage to 29 million uninsured Americans but would still pare future federal deficits by slowing the growth of spending on medical care, the nonpartisan Congressional Budget Office said Wednesday.

The much-anticipated cost analysis showed the bill meeting President Obama's main requirements, including his demand that health legislation not add ''one dime to the deficit.'' Indeed, the budget office said, the bill would reduce deficits by a total of $81 billion in the decade starting next year.

Despite the expansion of coverage at a cost of $829 billion over 10 years, the budget office said 25 million people -- about one-third of them illegal immigrants -- would still be uninsured in 2019. In all, it said, the proportion of nonelderly Americans with insurance would rise over the 10 years to 94 percent, from 83 percent today."

To read the full article, click here: http://query.nytimes.com/gst/fullpage.html?res=9802E1DF163CF93BA35753C1A96F9C8B63&scp=1&sq=October+8+2009&st=nyt

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Sean Wolverton
I've been AllMed's Marketing Communications Specialist since May of 2007. My main duties are the updating and moderating the website, and creating the monthly newsletters called PeerPoints. Outside of work I enjoy playing golf on the weekends, snowboarding, and exploring Portland.