Wednesday, December 16, 2009

What the Health Care Bill Means for You

With the House having passed its $1 trillion dollar-plus heath care bill and the Senate poised to approve its own $850 billion version as early as Christmas, a broad rewrite of America's health care system — encompassing nearly 20% of the U.S. economy — could be close at hand.

If the Senate approves its version, which is expected given the Democrats' 60-seat majority, the package will have to be merged with legislation approved last month by the House. But similarities between the two bills are starting to emerge.

Here, David M. Drucker of the newspaper Roll Call provides a rundown of what the final bill will likely include, while Michael D. Tanner, a Cato Institute senior fellow and co-author of Healthy Competition: What's Holding Back Health Care and How to Free It, provides perspective on what those changes mean for you...

SOURCE: Cato Institute