This is an article about health care reform bill vote on October 13th, 2009. As we covered in our class, there are pros and cons in this proposal.
This proposal might increase the proportion of Americans with health insurance from 85% to perhaps 94%. Also, all this will cost $829 billion over the next decade, according to the Congressional Budget Office (CBO), a non-partisan agency. Crucuially, that is below the $900 billion threshold set by Barack Obama, therefore CBO predicts that the bill might not increase the government deficit. However, Jonathan Gruber, an economist at the MIT is afraid that the penny-pinching approach risks undermining the effort to achieve universal coverage.
In my opinion, it is a good step forward. Even though the proposal might not be perfect at this time, I think the goal is to provide better affordable coverage accessible to all. What American citizens get from this is better coverage that is forced down the budget to most of Americans because of mandatory to buy an insurance.
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