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FACTBOX: Obama's ambitious healthcare plan

Fri Dec 5, 2008 8:58am EST

(Reuters) - President-elect Barack Obama has proposed an ambitious plan to reform U.S. healthcare and get insurance for at least some of the 47 million Americans who now lack it.

Barack Obama  |  Health

Following are some facts about his healthcare proposals:

-- A National Health Insurance Exchange to help people buy private insurance, act as a watchdog and create standards, supplemented in part by a tax on employers who do not provide coverage.

-- Offer small businesses a tax credit to help pay for employee health insurance.

-- Require healthcare for all children, and expansion of Medicaid, the federal-state health insurance plan for the poor and disabled, and the State Children's Health Insurance Program or SCHIP.

-- Allow children to stay on parents' health insurance through age 25.

-- $50 billion to be spent creating a cohesive system for electronic health records.

-- Stop insurers from denying coverage based on pre-existing conditions.

-- Require coverage of preventive services such as cancer screenings, and increase state and local preparedness for terrorist attacks and natural disasters.

-- Obama's health advisers have studied the idea of a "medical home" -- a primary care doctor who would help coordinate and oversee care -- as well as the possibility of paying doctors to spend time with patients on preventing disease and rewarding them for better outcomes.

-- Obama says he can reduce healthcare spending by 8 percent and save each taxpayer $2,500.

-- The Lewin Group, a consulting firm, forecasts the Obama proposal would raise federal spending by $1.17 trillion from 2010 through 2019.

(Reporting by Maggie Fox; Editing by Will Dunham and Peter Cooney)



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