Published July 31, 2009 02:04 pm - WASHINGTON — House Democrats are taking steps to limit annual price increases for insurance policies sold under a sweeping bill to extend health care to nearly all the 50 million uninsured Americans, officials told The Associated Press on Friday.
Democrats want to limit health insurance increases
By David Espo
Associated Press
WASHINGTON — House Democrats are taking steps to limit annual price increases for insurance policies sold under a sweeping bill to extend health care to nearly all the 50 million uninsured Americans, officials told The Associated Press on Friday.
The legislation taking shape in the Energy and Commerce Committee also would permit the government to negotiate directly with pharmaceutical companies for lower prices on drugs under Medicare, the officials said.
These provisions are part of a series of trade-offs negotiated overnight as Democratic leaders struggled to push the health care bill through the committee, the third of three panels to debate the health care issue. The committee was the final obstacle on the way to the House floor and passage would give momentum to President Barack Obama's top domestic priority.
These officials spoke on condition of anonymity, saying they were not permitted to discuss private discussions.
On Friday, Democrats on the committee moved methodically through the complex legislation.
"We have agreed we need to pull together," said Chairman Henry Waxman, D-Calif.
Liberals, moderates, and conservatives negotiated late into the night Thursday to reach a deal that would restore some subsidies to help low-to-middle income people pay their health insurance premiums, would preserve a strong public insurance option, and would cut drug costs more deeply, lawmakers said.
No details of the deal were immediately available, but Waxman said he intends to formally present it to the committee later in the day, and the panel should pass the bill Friday afternoon. Two other House committees, dominated by liberals, have already passed their versions of the bill. Energy and Commerce better represents the makeup of the House as a whole.