United States National Health Care Act or the Expanded and Improved Medicare for All Act – Part 2
September 17th, 2009 by B
Author: .shock
This summary is the last portion of the United States National Health Care Act (USNHC).
The prices on pharmaceuticals, medical supplies, and equipment will be negotiated every year by this program. Generic drugs will be promoted and brand-name drugs will be allowed.
A trust fund will be created for this USNHC program. The funding will come from the following sources: health care Federal revenues, higher taxes on the top five percent in income, higher excise taxes on payroll and self-employed income, and a small tax on stock and bond transactions.
Those in hospitals and insurance companies who lose their job due to this bill will be given first priority in retraining and job placement. They may also be eligible to receive two years of USNHC transition benefits which will equal the salary earned in the previous 12 months but will not exceed $100,000. H.R. 676 was referred to the House of Representatives.
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