Obama's Healthcare Plan

Overview: Obama’s Health Care Plan:

Plan will be available to the self-employed, employees of small businesses and people that are not eligible for other health insurance, including Medicare or Medicaid

Plan will offer benefits similar to those available to members of Congress

Plan will have guaranteed eligibility and will not be able to exclude any one due to sickness or previous medical conditions

Plan will have affordable premiums, co-payments and deductibles. Subsidies will be available for people that cannot afford premiums but do not qualify for other subsidized health plans, such as Medicare, Medicaid and SCHIP

Plan will provide portability, allowing people to retain coverage, even when changing jobs or losing their job.

Employers not offering coverage to their employees or not providing a meaningful contribution to health care costs of their employees will be required to pay a fee (based on a percentage of payroll) to the National Health Care Plan. Small businesses will be exempt from this fee.