Here’s the third summary. The whole thing was written by the Associated Press, so I take no credit. I tried to actually find this on the Associated Press website, but I couldn’t find it.
WHO’S COVERED: Around 97 percent of Americans. Illegal immigrants would not receive coverage.
COST: Around $1 trillion over 10 years.
HOW’S IT PAID FOR: Possible sources include cuts to Medicare and Medicaid; a tax as high as 35 percent on very high cost health insurance policies; a requirement for employers to pay into the Treasury for their employees who get their insurance through public programs or receive government subsidies to help pay premiums. Looking to raise $90 billion by taxing health insurance companies as much as 35 percent on policies valued at $25,000 or more.
REQUIREMENTS FOR INDIVIDUALS: Expected to include a requirement for individuals to get coverage.
REQUIREMENTS FOR EMPLOYERS: In lieu of requiring employers to provide coverage, lawmakers are considering a “free rider” penalty based on how much the government ends up paying for workers’ coverage.
SUBSIDIES: No higher than 300 percent of the federal poverty level ($66,150 for a family of four).
BENEFIT PACKAGE: The government doesn’t mandate benefits but sets four benefit categories — ranging from coverage of around 65 percent of medical costs to about 90 percent — and insurers would be required to offer coverage in at least two categories. No denial of coverage based on pre-existing conditions.
GOVERNMENT-RUN PLAN: Unlike the other proposals the Finance Committee’s will likely be bipartisan. With Republicans opposed to a government-run plan, the committee is looking at a compromise that would instead create nonprofit member-owned co-ops to compete with private insurers.
HOW YOU CHOOSE YOUR HEALTH INSURANCE: State-based exchanges.
CHANGES TO MEDICAID: Everyone at 100 percent of poverty would be eligible. Between 100 and 133 percent, states or individuals have the choice between coverage under Medicaid or a 100 percent subsidy in the exchange. The expansion would be delayed until 2013, a late change to save money — the start date had been 2011.