Understanding the Health Care Bill Overhaul

If enacted, the reconciliation bill combined with the Senate-passed bill would, from 2010-2019: -Spend $938 billion on expanding insurance coverage, including $464 billion in subsidies to help uninsured people buy coverage. -Expand Medicaid coverage to 16 million additional people. -Require many employers to offer coverage for their workers. -Collect $69 billion in penalties from uninsured individuals and employers for non-coverage. -Provide coverage through an insurance exchange to 24 million people. -Reduce the number of uninsured by 32 million people, but leave 23 million (including illegal immigrants) not covered. -Cut Medicare spending by $455 billion from currently-projected levels. -Not affect next month’s scheduled 21 percent cut in payment rates to doctors who treat Medicare patients. -Produce a net reduction in federal deficits of $143 billion.