Health Care Bills Compared – Comparison Between Senate and House of Representatives Legislation

Health Insurance Comparison

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(Best Syndication News) Not all bills are created equal (see graphic below). The House of Representatives and Senate are working on compromises in an effort to get health care reform passed. There are two bills in the Senate and three in the House.

So what are the differences? For simplification purposes we will consider a tri-committee bill being hashed out in the House of Representatives, and the Senate bills passed-on by the Health, Education, Labor and Pensions Committee and the Finance Committee.

Senate Finance Committee Bill

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The Senate Finance Committee bill will cover most people at a cost of $829 billion over the next 10 years. There is no public option in their bill. They dubbed their bill “America’s Health Future Act”. Their plan would also include a health care exchange established by the states (part B of the bill). The plan will also require large employers to pay for employee coverage.

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Senate Health Committee Bill

The Senate Health Committee has proposed a bill that will cover everyone but only costs $615 billion over 10 years. There is also a public option in that bill. The committed dubbed their bill S. 1679, the “Affordable Health Choices Act”. Their bill would prohibit insurance companies from discriminating against pre-existing conditions. Like with the Finance bill, their bill will have plenty of mandates on insurance companies. All individuals will be required to obtain health insurance coverage. This bill will cover everyone.

House Tri-Committee Bill

The house is working on a bill that will cover everyone. The cost could be $1.04 trillion over 10 years. There may or may not be a public option in their plan. Their ‘‘America’s Affordable Health Choices Act of 2009” did have a public option. They also want to guarantee access to health care through exchanges. This bill will cover everyone.

By: Steven Potter
Business Writer

Health Insurance Comparison - LARGE

Health Insurance Comparison - LARGE

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