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[0:00] ..." Karl ABC news senior congressional correspondent. About what's to happen today on Capitol Hill after months Jonathan of negotiations finally. The host has a health care overhaul bill what do you know about it."...
[0:26] ..." new government run insurance program it does. Although it's not quite what Nancy Pelosi originally wanted she wanted this bill to establish basically another Medicare. Something that would. Be government run system would have its rates tied to Medicare. That she could not get enough votes to pass in the house so this will be a new government run health insurance program. -- will compete directly with private insurance sort of negotiate their rates just -- private insurance companies do. It includes that mandate requiring everybody in America. To have health insurance or pay a fine. Com and includes. Subsidies a lot of subsidies for lower income people to help them pay for that health insurance it's a costly build billion trillion dollars."...
[1:11] ..." money. Jonathan enough obviously with the roll out today from the house Nancy Pelosi would like to see a vote what next week."...
[2:36] ..." Medicare they. Compensate for the fact that they're low by charging private insurance companies more so as a very controversial provision she did not get it. So this new insurance company would have to negotiate with"...
[0:00]" We're taught -- Jonathan Karl ABC news senior congressional correspondent. About what's to happen today on Capitol Hill after months Jonathan of negotiations finally. The host has a health care overhaul bill what do you know about it."
[0:14]" Well this is just sweeping health care reform bill that has almost all of what the president talked about in his. Address to congress on the issue the the big contentious issue of whether or not -- would have what is called the public option you know this new government run insurance program it does. Although it's not quite what Nancy Pelosi originally wanted she wanted this bill to establish basically another Medicare. Something that would. Be government run system would have its rates tied to Medicare. That she could not get enough votes to pass in the house so this will be a new government run health insurance program. -- will compete directly with private insurance sort of negotiate their rates just -- private insurance companies do. It includes that mandate requiring everybody in America. To have health insurance or pay a fine. Com and includes. Subsidies a lot of subsidies for lower income people to help them pay for that health insurance it's a costly build billion trillion dollars."
[1:10]" lot of money. Jonathan enough obviously with the roll out today from the house Nancy Pelosi would like to see a vote what next week."
[1:18]" She's -- have a vote by veterans day November 11 so sometime next week maybe possibly India into the weekend. That it could be it could go a little bit after that but November 11 is really the deadline she wants here's the interesting thing now. Right now she does not have the votes to pass that. She needs 218 votes to pass it. They're more than enough Democrats out there but a lot of moderate Democrats that American citizens too costly. Are still concerned that it's too broad and they're concerned about that government. Insurance company said she got some work to do they believe Democrats democratic leadership believes they can get the most -- but they're not there yet."
[1:58]" I understand one of the concessions if you will to those moderate Democrat has to do with on negotiating the payment levels that they would set for. Forgot four hospitals and doctors."
[2:09]" That that's exactly right that's that's just got this so called public option united sit between the pop brand new insurance company would be run by the government. What Pelosi. Really wanted to do was sit stated that new government insurance company paid the same rate to doctors and hospitals -- Medicare. But yet -- you know Medicare rates tend to be very low and what would end up happening is. Doctors and hospitals get a sort of a certain amount of money for Medicare they. Compensate for the fact that they're low by charging private insurance companies more so as a very controversial provision she did not get it. So this new insurance company would have to negotiate with doctors in -- hospitals in exactly the same rank to private insurance company will."
[2:53]" Jonathan if dancing close he's having trouble getting moderate Democrats on board. Forget about the Republicans."
[3:01]" All police pursuit that I didn't -- this is a purely partisan effort especially in the house that's -- now -- in the Senate as well. It is it is conceivable that there would be not a single Republican they would vote for this. And that is something we saw you remember back when they passed a stimulus bill in India in February itself. You know there may be working at the end of the day but this is something that Republicans have not been a part of in any way and that it not been a part of the negotiations and and in reality clothes he's not even trying to get their votes this point kind of written at all."
[3:35]" Having said that. Is there are likely to be some kind of overhaul health care overhaul plan on the presents to us by the end of the year is he wants."
[3:43]" I certainly believe so democratic leadership is confident that old -- so. A Republican is much of the don't like what's happening based I think that's gonna happen. Could blow a lot of could decide get derailed by the end of the year it's possible. But this is the top domestic priority for this new democratic president you've got its. Huge democratic majorities in the house and senate I would be shocked if they don't ultimately delivers -- the present time but -- the here."
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