FACTBOX: Major provisions of the House health care plan

Wed Jul 15, 2009 2:12pm BST
 
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(Reuters) - Here are major provisions of the U.S. House of Representatives' healthcare plan introduced by Democratic leaders on Tuesday.

NEW INSURANCE EXCHANGE, MARKET REFORMS

* Creates an insurance exchange through which individuals and small businesses could shop among private companies and a new government-run plan for insurance policies. States may offer their own exchange or join with other states to create an exchange.

* Creates a government health plan that would be offered through the exchange and compete with insurance companies.

* Both the exchanges and the new government health insurance would start in 2013.

* Creates an independent agency, the Health Choices Administration, within the White House to work with states to oversee the proposed new health insurance exchange and set benefit standards.

* Insurers would be barred from excluding coverage for those with pre-existing medical conditions.

* Higher penalties for insurers that give false information to Medicare.

* Congressional aides said about 9 million people would be insured by the public plan, with 21 million insured by private companies in the exchange by 2019.  Continued...

 

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