House Passes Historic Health Insurance Reform And Student Aid Legislation
Today, the House of Representatives passed H.R. 3590, the Patient Protection and Affordable Care Act and H.R. 4872, the Health Care and Education Affordability Reconciliation Act of 2010.
H.R. 3590 passed by a vote of 219 to 212 (Roll Call No. 165) and will be sent to President Obama's desk.
H.R. 4872, which makes improvements to H.R. 3590 as enacted, passed by a vote of 220 to 211 (Roll Call No. 167) and will be sent to the Senate for further consideration. Senate Majority Leader Reid has indicated that H.R. 4872 will be passed in the Senate without amendment.
In addition to health care insurance reform, the Reconciliation Act will also make post-secondary education more affordable.
"This landmark legislation will provide better security for those who have health insurance," said Rep. Scott. "Insurance companies will no longer be able to unjustifiably increase rates, discriminate based on gender or salary, or drop coverage when it is needed the most. It also provides affordable coverage for those who do not have insurance now, including those who have been denied coverage due to pre-existing conditions.
"These reforms will also significantly reduce the costs of insurance for small businesses.
"The bill is fully paid for; in fact it will yield savings which will help balance the budget."
For more information on the Patient Protection and Affordable Care Act and the Health Care and Education Affordability Reconciliation Act of 2010 please click here.