Congress approves final health overhaul

Wall Street Journal, March 26, 2010

Democrats pushed the last piece of President Barack Obama's overhaul of the U.S. healthcare system through Congress, completing the sweeping measure. The House, voting 220-207, gave final congressional approval to the measure, clearing the bill for President Obama's signature on the ten-year, $938 billion health initiative. The health overhaul will provide tax breaks and subsidies to help small businesses and individuals buy insurance; create state-based marketplaces to spur competition among insurers, and bar insurers from engaging in a range of practices, including denying coverage because of pre-existing conditions, the Wall Street Journal reports.


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