The Senate Version

The Congressional Budget Office has scored the Senate Finance Committee bill at a cost of $500 Billion.

Sen. Rockefeller (D-WV) and Finance Committee Member says the Senate Bill is a “Big, Big Tax” on the middle class.

The Baucus proposal would impose a 35 percent excise tax on insurance  plans and a cap on Medicare.

The tax proposed by Baucus is also a big revenue raiser. It is expected to raise $200 billion, money that Baucus is hoping to use to pay for subsidies for the uninsured.

President Barack Obama, trying to make a case for health-insurance regulation, told a story to a joint session of Congress last week. How an Illinois man getting chemotherapy was dropped from his insurance plan when his insurer discovered an unreported gallstone the patient hadn’t known about.

“They delayed his treatment, and he died because of it,” the president said in the nationally televised address.

Mr. Raddatz’s sister testified before Congress that Mr. Raddatz got a life saving treatment that extended his life for three years. And the insurance company covered it.

For an overview of a free-market approach to improving the nation’s health care system.
go to The Heartland Institute’s Health Care Policy Issue Suite.

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