According to the Congressional Budget Office’s preliminary analysis, H.R. 3200 would
- “establish a mandate for legal residents to obtain health insurance”
- “set up insurance ‘exchanges’ through which some individuals and families could receive subsidies to substantially reduce the cost of purchasing insurance”
- “significantly expand eligibility for Medicaid”
- “make modifications to the Medicare and Medicaid programs”
- “impose an income-tax surcharge on high-income individuals”
In addition, “enacting H.R. 3200 would result in a net increase in the federal budget deficit of $239 billion over the 2010-2019 period.”
