Friday, July 16, 2010

Obama signed a fix to healthcare

Obama signs health care 'fixes' bill

The article describes briefly what the new bill that Obama had recently signed. It also include some opinions of political analysts. Something weird was that attached to it was a change to student funding and loans. The bill cap the student loan repayments to 10 percent of their income and forgives the balance if they stay on top of payments after 20 years. The bill wants to eliminate a medicare bill that paid for member's medication fees up to a certain point. It increase the threshold of tax on expensive health care plans. Most notible of the changes, to me, is that the fine for individuals who fail to purchase coverage was decreased and increasing the fines for companies who fail to provide health coverage. This article is a good read and something to read about since it will effect us directly.

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