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Politics : Politics for Pros- moderated

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From: LindyBill	7/29/2009 3:15:51 PM
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BARACK OBAMA CAMPAIGN SPOT A Summary of 'The Deal' Between Waxman and Blue Dogs A Hill source passes along a summary of "the deal" between Waxman and the Blue Dogs that is circulating relevant offices: language that the public plan is optional Negotiated rates Adjusted the small business exception to $500K payroll, with tax penalty phased up to $750K New delivery reforms include value based purchasing for hospitals and the payment innovation center Additional level playing field requirements for the public plan Bill has to be under $1 trillion (not counting SGR) and less than bill as introduced. Independent insurance agents Grandfathered existing state exchanges Clarified that states have the option for state exchanges There shall be state based co-ops in addition to public option Cut the inflation indexing on the subsidy and increased the premium cap from 11% to 12% of income. As noted, part of the deal is that there will be no vote on the House floor on the legislation until September to give everyone time to review the five bills, presuming the Finance Committee approves their own version.

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