Healthcare Reform Blog – Senate Approves Overhauling Health Care

 WASHINGTON — The Senate voted to reinvent the nation’s health care system, passing a bill to guarantee access to healthcare insurance  for tens of millions of Americans and to rein in health costs and made history in USA.  

The 60-to-39 party-line vote, on the 25th straight day of debate on the legislation, brings Democrats closer to a goal they have pursued for decades and brings President Obama a step closer to success in his signature domestic initiative. When the roll was called, with Vice President Joseph Biden Jr. presiding, it was the first time the Senate had gathered for a vote on Christmas Eve since 1895.  

If the bill becomes law, it would be a milestone in social policy, comparable to the creation of Social security 1935 and Medicare in 1965.  The real challenge now is to get the House of Representatives view of the plan to come in alignment with the current bill on the table. It still remains lots of fall out of how this law will end up. I wonder after the next election how democrats will be re-elected again? More changes to come.   

The Office of the Congressional Budget provided some interesting and useful information:  

 “The federal budget is on an unsustainable path, primarily because of the rising cost of health care and the aging of the U.S. population”.  

Projected Federal Spending Under One Fiscal Scenario
(Percentage of gross domestic product)
    

 (Percentage of gross domestic product)
  

 

Health care reform is currently the central issue of Congress, driven especially by growing concern about the number of people without insurance coverage and continual increases in cost. As Members of Senate and House work on comprehensive proposals, analyzing them and helping the Congress understand their effects are a top priority for Congressional Budget Office.  

Do Americans really need Healthcare Reform? What is your opinion?  

Thank you for viewing my weekly blog and wishing everyone continued success.  

Best wishes,  

Michael Sandnes 

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