Coverage
People who like their current plan may keep it.
Individuals not covered and some small business may buy insurance at new exchanges.
One of the offerings at these exchanges will be a nonprofit public plan.
A committee chaired by the Surgeon General will draw up a list of benefits all plans must include.
Insurance companies will no longer be allowed to discriminate against sick people.
Annual and lifetime limits on payments will be forbidden.
Children may be covered by their parents' plans until age 27.
All plans will have to offer preventative medicine for free.
About 96% of the population will be covered; most of the rest are illegal aliens (not covered)
Affordability
Families making up to 4x the poverty level ($88,000) will get federal subsidies.
The Medicaid income limit will be raised 50%, making more people eligible.
Patient out-of-pocket expenditures for health care will be capped at $10,000 per family.
Part of the Medicare "donut hole" will be plugged.
Medicare will be allowed to negotiate prices with drug companies.
Insurance companies will have to spend 85% of their premium income on medical care.
Shared Responsibility
Anyone who does not have insurance must pay a fine of 2.5% of their income.
Any large company not offering a health plan will be taxed at 8% of its payroll.
Insurance companies will no longer be exempt from the nation's antitrust laws.
