The 220-215 vote cleared the way for the Senate to begin debate on the issue that has come to overshadow all others in Congress.
A triumphant Speaker Nancy Pelosi likened the legislation to the passage of Social Security in 1935 and Medicare 30 years later.
"It provides coverage for 96 percent of Americans. It offers everyone, regardless of health or income, the peace of mind that comes from knowing they will have access to affordable health care when they need it," said Rep. John Dingell
I'm just gonna get down to it. short and sweet, although expect a bitter taste when you're done reading.
Rep. John Dingell claims that this bill, a bill that will cost over $1 Trillion dollars, will provide coverage for 96 percent of Americans. I must admit, at least he is honest in saying that it won't cover 100% of the population; however, I wonder how that is possible since the Democrats state that, "practices such as denying coverage on the basis of pre-existing medical conditions would be banned, and insurers would no longer be able to charge higher premiums on the basis of gender or medical history...[government will] provide federal subsidies to those who otherwise could not afford it...[and] both consumers and companies would be slapped with penalties if they defied the government's mandates." If insurers can't deny coverage and Americans are mandated to get coverage, or risk being fined, or worse, how is it that not 100% of the population will get healthcare?
Aside from that, the total number of Americans who unwillingly don't have coverage now is less than 7 percent. So, Dingell is saying that the American people, most of who will already be paying for their insurance already, will be footing a trillion dollar bill all to give around 3% more people health coverage? seems like government math to me.
but besides the money, there are other things that should worry us all...
"Insurance industry practices such as denying coverage on the basis of pre-existing medical conditions would be banned, and insurers would no longer be able to charge higher premiums on the basis of gender or medical history. In a further slap, the industry would lose its exemption from federal antitrust restrictions on price gouging, bid rigging and market allocation."
This is basically the "Community Reinvestment Act" of healthcare. The government is telling the insurance agencies to disregard all market tools for reducing risk, forcing the companies to take on more risk, under threat from the government, and giving it all a government "safety net." Hmm, sounds a lot like the plan for affordable housing...And we all know how that worked out. I would expect the same results from this plan. Only this time it will be a healthcare crisis, which is far worse than a housing one. In the housing crisis, if you made a bad decision, you could sell your house or at least have the opportunity to buy a new one. The same cannot be said for your body.
One last point. Where is the bi-partisanship?
funny how our fearless leader, who promised to bring change, has once again stuck to the old way of doing things. The only place where there was bi-partisanship in this bill was in those who voted to oppose it. Only 1 republican, a RINO for sure, voted for the bill. However, 179 Republicans and 39 Democrats voted together against the bill. I guess bi-partisanship is only a good thing when they vote your way.
"The bill drew the votes of 219 Democrats and Rep. Joseph Cao, a first-term Republican who holds an overwhelmingly Democratic seat in New Orleans. Opposed were 176 Republicans and 39 Democrats."