Senate Finance Committee Releases Health Reform Bill

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The U.S. Senate Finance Committee today released its long-awaited health reform bill, America’s Healthy Future Act of 2009” (PDF).

This bill does not include an option for public health plan, but does allow the federal government create to exchanges that would allow consumers to shop for health insurance.

The bill does not offer a comprehensive fix of the Medicare physician payment formula, but it does replace the 21% fee cut scheduled for next year with a 0.5% increase.

Committee markup is expected to begin next week. Senate leaders hope to bring a bill to the floor for a vote by Columbus Day – less than a month away.

For more information on the Senate proposal and other federal health reform bills, visit www.massmed.org/healthcarereform

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