PDF We covered the good parts of HR 3590, the new Senate healthcare reform bill, in Part 1. Now, on to the Less, Later, and Holy Complexity Batman aspects.
Less
- Numbers: HR 3590 costs less than the House bill, $849 billion vs. $894 trillion. It lowers the deficit less, $127 vs $139 billion (see more dollar comparisons here.) It manages this by covering less of the population (94% vs 96%) and delaying major insurance reform. That costs less, but it also does less. There are also unintended consequences like skyrocketing insurance premiums prior to 2014 due to implementation of consumer protections in 2010. Hey, if private insurers have to pay out and can’t get rid of you, they are going to charge more. Plus in 2014 they’ll have to take riskier customers. Their business is to make money, not spend it; they’ll circle the wagons.
Senate Health Bill: Less, Later, and Holy Complexity Batman (P2) | Health Care | Change.org
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