While history has been made, the future is still uncertain: how will the health care reform bill impact your life?
It will cost $940 billion over 10 years and expand insurance coverage to some 32 million Americans by mandating and heavily subsidizing the purchase of health insurance. Beyond that, little is known for sure about how the health care reform legislation, passed yesterday by the House of Representatives, will impact the average American. It’s been called historic legislation, on par with the expansion of the safety net that Medicare and Social Security brought about, but will it fundamentally change the way that this country views medical care? How will the government enforce the insurance mandate and how affordable will insurance be for low-income families? Will the bill end up reducing the federal deficit or add to it? How will states and local medical agencies be affected, will their Medicare reimbursements continue to drop? We can’t get all the answers but Patt will carefully tip toe through the health care reform bill, explaining it all along the way.