Friday, July 31, 2009

HEALTH CARE DEAL REACHED IN HOUSE


AP-
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.

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