Next year's stimulus package will include large investments in health care and health insurance reform, according to the Washington Post. The package could top $500 billion. There are a few major financial assistance health care programs slated to get a significant funding boost. Here are the programs in question:
SCHIP The highly successful State's Children's Health Insurance Program will play a big part in the new package. Though it has been successful, it also has been a very costly program to get children the health insurance they need. However Congress has already supported its expansion to include more children, and it looks like the Obama administration will help get it done.
COBRA, which allows the unemployed to continue their health insurance coverage from their previous employer for a designated period of time is also a costly plan. U.S. Representative Pete Stark from California is promoting an expansion of COBRA. His plan proposes providing subsidies to help the unemployed pay for the plan.
MEDICAID The Federal health coverage program for low income Americans is scheduled to receive up to $40 billion in the next two years as part of the Obama stimulus plan.
One of Obama's campaign goals was to streamline medical recordkeeping process by automating it into computers. The stimulus package is likely to include at least $10 billion as assistance to health care providers and facilities to implement the plan. When the bill comes before Congress, there is certain to be plenty of debate over its final content.
SCHIP The highly successful State's Children's Health Insurance Program will play a big part in the new package. Though it has been successful, it also has been a very costly program to get children the health insurance they need. However Congress has already supported its expansion to include more children, and it looks like the Obama administration will help get it done.
COBRA, which allows the unemployed to continue their health insurance coverage from their previous employer for a designated period of time is also a costly plan. U.S. Representative Pete Stark from California is promoting an expansion of COBRA. His plan proposes providing subsidies to help the unemployed pay for the plan.
MEDICAID The Federal health coverage program for low income Americans is scheduled to receive up to $40 billion in the next two years as part of the Obama stimulus plan.
One of Obama's campaign goals was to streamline medical recordkeeping process by automating it into computers. The stimulus package is likely to include at least $10 billion as assistance to health care providers and facilities to implement the plan. When the bill comes before Congress, there is certain to be plenty of debate over its final content.
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