Posts Tagged ‘house bill’
Simple Guide to Senate Health Care Bill Provisions
Posted by Todd Fries | Filed under FAQ, Health Insurance
Here are a few provisions of the Senate bill that would impact consumers the most, with a summary of how the House bill compares:
Required coverage (the “individual mandate”): American citizens and legal residents would be required to have health insurance, or pay a fine. For an individual, the fine would be $750 per year or 2 percent of household income, whichever is greater; for a family, the maximum fine would be $2,250 per year or 2 percent of household income. The fines would go into effect gradually, starting in 2014. The House bill is similar, with exemptions for certain low-income people. (more…)
