SMRs and AMRs

Friday, October 16, 2009

Democrats Weigh Wider Coverage

Senate Leaders Discuss Expanding Health-Insurance Subsidies, but Cost of Change Looms as Hurdle

By GREG HITT
WSJ

WASHINGTON -- Senate Democrats may widen insurance coverage in sweeping health legislation, Finance Committee Chairman Max Baucus said Thursday, but they face a struggle to come up with ways to pay for the extra spending.

Liberal lawmakers and some others say the 10-year, $829 billion package approved by the Senate Finance Committee this week doesn't go far enough to expand health coverage and puts too great a burden on lower- and middle-income families to buy insurance.

According to the nonpartisan Congressional Budget Office, the bill would ensure that 94% of nonelderly Americans are covered by health insurance in 2019, up from 83% in 2010.

Senate Democrats may add to subsidies for lower-income families to push that percentage to 95% or 96%, people familiar with the discussions said. If more people sign up for insurance, fewer would face the penalties that the bill proposes for those who choose to go without coverage.

(More here.)

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