|Blumenauer Stands with House Leaders to Unveil Health Insurance Reform Legislation|
|Thursday, 29 October 2009 05:52|
Today on the West Lawn of the Capitol, Congressman Earl Blumenauer (D-Ore) stood shoulder-to-shoulder with House leaders to unveil the “Affordable Health Care for America Act,” (H.R. 3962), which includes a public option, adds coverage for 37 million people, insures 96% of Americans, and provides advance care planning – a provision Blumenauer authored – all while reducing the deficit.
The language unveiled today is a combination of three House bills
passed by the Education and Labor Committee, the Energy and Commerce
Committee, and the Ways and Means Committee, on which Blumenauer serves.
Facts on the Affordable Health Care for America Act
- Addresses Medicare geographic inequities - an
issue Blumenauer has been leading the charge on to make sure that
states providing high quality, efficient care are not penalized. The
health insurance reform bill will establish two studies to be conducted
by the independent and respected Institute of Medicine, to improve
geographic inequities and improve quality care. The recommendations
from both studies are schedule to be implemented prior to 2013, when
enrollment for the public plan begins. The first study will evaluate
and make necessary corrections to the current geographic adjustments to
physician payments. The second study will provide recommendations on
changing the Medicare payment system to reward efficient delivery of
high quality, evidence–based, patient centered care.
- A Public Option - This will be one of the many choices of health insurance within the Health Insurance Exchange, and it will be a new choice – operating on a level playing field – that is subject to the same reforms and protections as other private plans.
- Meets President Obama’s cost test of $900 billion for coverage - the legislation’s coverage cost will be $894 billion over 10 years, fully paid for.
- Cuts the deficit - the legislation cuts the deficit by about $30 billion in the first ten-years (2010 – 2019). CBO has indicated that in the period of 2016-2019, savings and revenues will grow significantly faster than coverage costs.
- Reins in wasteful Medicare costs while improving benefits for seniors - the legislation reduces annual growth in Medicare expenditures by 1.3 percentage points per year.
- Expands health coverage - the legislation
expands health insurance coverage to 36 million Americans, which helps
guarantee that 96 percent of Americans will be covered.
See side-by-side comparison on changes from HR 3200.