In a welcome move, Senate Finance Committee Chairman Max Baucus (D-Montana) modified the Chairman’s Mark of the America’s Healthy Future Act of 2009 to improve affordability. Changes include NY Senator Charles Schumer’s amendment subsidizing insurance premiums that exceed 12% of income for individuals earning $32,490 to $43,320. Twelve percent is still more than American families can afford to spend on health care, but the change indicates some progress.
Read more here:
Politico “Health Care Mark Up Is Just Beginning”
LA Times “Baucus offers higher subsidies and other changes to bill”
McClatchy “Only 564 amendments offered to Baucus health care bill”
NY Times “Parties Clash on Long-Awaited Day for Health Bill”