Congress Working on Major Medical Insurance Changes

Congressional Democrats are reportedly working on a plan that would require all Americans to have medical insurance, with financial assistance for those with low to moderate incomes.

According to an Associated Press report, the plan would provide assistance to families making less than $88,000 per year while also requiring employers to pay some of the costs. The AP obtained a document in advance of a July 31 goal for lawmakers to pass a health care reform bill.

The report says that the plan at this stage builds on the current system with changes that would include stricter consumer requirements for insurers and more obligations for consumers and employers.

One Tennessee Congressman, Jim Cooper, told the wire service that the plan was a "sensible, mainstream proposal." The plan is also said to include a government-run insurance program that would compete with private companies and be financed with premium payments.

Legislation often changes with little notice and whatever passes will also have to win approval from the Senate. However, there could soon be some differences in the way people buy and use medical insurance, depending on what happens in the coming weeks.

For information about a health insurance plan that's stable and reliable, visit InsureMe.com today.

ShareThis