HR 3200 | What is It, and How Will We Pay for It?

America’s Affordable Health Choices Act

Congress is currently considering HR 3200, otherwise known as “America’s Affordable Health Choices Act of 2009.” It’s the massive health care bill that we’ve seen coming for quite some time. OpenCongress.org provides a PDF that explains HR 3200 in detail as well as the following summary:

America’s Affordable Health Choices Act of 2009

To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes.

OpenCongress Summary:
This is the House Democrats’ big health care reform bill. Broadly, it seeks to expand health care coverage to the approximately 40 million Americans who are currently uninsured by lowering the cost of health care and making the system more efficient. To that end it includes a new government-run insurance plan to compete with the private companies, a requirement that all Americans have health insurance, a prohibition on denying coverage because of pre-existing conditions and, to pay for it all, a surtax on households with an income above $350,000.

A word from HR 3200’s sponsors

The emergency cash loans needed to fund HR 3200 will come from a mixture of sources. The PDF on OpenCongress is a document created by the House Committees on Ways and Means, Energy and Commerce, and Education and Labor. The committees, who wrote HR 3200, say: ... click here to read the rest of the article titled "HR 3200 | What is It, and How Will We Pay for It?"