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One Down….

…three votes to go. Late last night, the Senate voted along party lines (60-40) to break a Republican filibuster and limit debate on the Manager’s Amendment. Below you can find some important resources on the legislation including: Highlights of the Manager’s Amendment (pdf) The Manager’s Amendment (full text) CBO Score of the Patient Protection and Affordable Care Act, Incorporating the Manager’s Amendment (pdf) CBO Score (blog) Here are some provisions reflecting the updated Senate bill: -Overall cost: $871B -Expands insurance to 31 million uninsured Americans -Reduces the federal deficit by $132B over 10 years, and by $1.3T over twenty years -Immediate barring of coverage denial for pre-existing conditions in children -Free choice provision allowing employees under 400% FPL paying between 8-9.8% of their income to obtain a voucher for purchase of individual insurance through Exchange -National nonprofit health plans to be managed by the Office of Personnel Management (OPM), the same entity that manages health plans of federal employees -Expanded tax credits for small businesses, beginning 2010 -Increases payroll tax for high-income earners from 0.5% to 0.9% -Eliminates ‘botox’ tax and institutes 10% indoor tanning services tax -Reduces minimum medical loss ratio to 80% for small group market, retains 85% threshold for large group market

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