Health Law

President Obama Unveils Comprehensive Health Plan

By Todd Rodriguez

In anticipation of a much publicized bipartisan meeting with representatives of Congress, President Obama released today a comprehensive health plan which seeks to combine the House and the Senate health care bills. The President's proposal, which can be read on the Whitehouse.gov website, would not include a public option but would include, among a lot of other things, the following:

• Creating a federal Health Insurance Rate Authority to oversee insurance rate increases and other unfair practices of insurance plans;

• Closing the Medicare prescription drug 'donut hole' coverage gap;

• Increasing the threshold for the excise tax on the most expensive health plans from $23,000 for a family plan to $27,500 and starting it in 2018 for all plans;

•  Setting up a competitive health insurance exchange.

Full post as published by Physician Law on February 22, 2010 (boomark / email).