FACTBOX: Provisions of Senate health panel legislation

(Reuters) - The Senate health committee approved its version of healthcare reform on Wednesday. The following are some of the provisions in the legislation:

* INSURANCE CHANGES

Sets up a government-run health program to compete with private health insurers.

Sets up a gateway, or exchange, were businesses and individuals would shop for insurance policies among private and public plans.

Private insurance premiums could vary only by family size, region, actuarial value of the benefits, tobacco use and age.

Insurers can provide incentives for health promotion and disease prevention practices.

Insurers could not exclude consumers based on pre-existing health conditions, genetic information, disability or sex.

Dependents would be covered in family policies through age 26, rather than age 21 as in most current policies.

Health policies would not have annual or lifetime limits on benefit payments.