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Dodd: Health Care Bill ‘A Great Beginning’, Health Insurance


Hours after casting what he called the most significant vote of his career, Sen. Christopher Dodd said that even though the health care bills had shortcomings, its reforms will make a huge difference in the lives of Americans. Once the differences between the House and senate bills are reconsidered, and if the bill becomes law, people will be able to buy coverage even if they once had cancer or a heart attack. There will no longer be life long caps on payments from the insurance companies. Medicare drug benefit will become more generous. With mandates for businesses to give away insurance and for individuals to buy policies about 95% or U.S. residents will be given health coverage once all the provisions took effect. Negotiators from the house and senate will have to agree on where to increase taxes to pay for subsidies that will help the poor get covered as each took a different approach. The senator had a larger role in framing the health care legislation than he expected because its major champion was dying of cancer. The senator took notice that polls show a large number of Americans are apprehensive about the changes health care reform will bring. But he said that the bill is a budget-buster and will hike private insurance premiums have no factual basis.