Thursday, May 14, 2009
House Democrats are looking at big health care changes, including federal aid to help families making up to $88,000 pay for insurance.
Documents obtained by The Associated Press show the plan being developed by the House Energy and Commerce Committee would also require individuals and employers to contribute toward the cost of their health coverage.
The subsidies would be offered on a sliding scale to those making up to four times the federal poverty level, or $88,200 for a family of four.
The plan would set up a new insurance purchasing pool called an "exchange" to make coverage more affordable for individuals and small businesses. It would also create a new government insurance plan to compete with private companies.