Here's one article in the New York Times that sheds some light on Max Baucus's plan.
No government option.
No requirement that employers provide health insurance
No Medicare negotiation on pharmaceutical prices
Government subsidies for the poor and lower middle class who would be required to buy private insurance (= a tax-dollar funded subsidy ending up in the hands of private companies)
Yes, there are some taxes here and there on the insurance companies, just enough for them to have something to protest about so it doesn't look as if they wrote this bill themselves.
No wonder health insurance stocks rose yesterday.
I am going to call my Senators and tell them I hate this bill!
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