Tuesday, September 8, 2009

9/8/09 More details about the Bacus plan emerged Monday. It includes lower-cost catastrophic illness insurance for those 25 and younger; expanding basic Medicaid coverage; forming state-run, nonprofit, member-owned insurance coops. It will be paid for in part by fees of $6 billion/yr on insurance companies, $4 billion/yr. on manufacturers of medical devices and $750 million/yr. on clinical labs.

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