Next year, newly elected President Obama is expected to roll out major funding for health care as part of his economic stimulus package. Health care and health insurance reform measures totalling $500 billion will be at the top of the list, according to a Washington Post report. A few specific programs have been selected:
SCHIP The State Children's Health Insurance Program is expected to be prominent in the new stimulus package. Though it is regarded as a costly program to get children the health care they need, it has been very successful. It is expected that the Obama budget will help get the program expanded, since Congress has already supported its expansion.
COBRA, which allows the unemployed to continue their health insurance coverage from their previous employer for a designated period of time is also a costly plan. U.S. Representative Pete Stark from California is promoting an expansion of COBRA. His plan proposes providing subsidies to help the unemployed pay for the plan.
MEDICAID The Federal program that is run by the States which covers health care for seniors, disabled, low income and certain families with dependent children is expected to receive a $40 billion windfall over the next two years.
In addition to these programs, the stimulus package will likely include some $10 billion as a down payment to help doctors, hospitals, and other health care facilities to implement electronic medical records and streamline offices with computers, wrote the Post article. What will actually be included in the package is of course still up for debate.
SCHIP The State Children's Health Insurance Program is expected to be prominent in the new stimulus package. Though it is regarded as a costly program to get children the health care they need, it has been very successful. It is expected that the Obama budget will help get the program expanded, since Congress has already supported its expansion.
COBRA, which allows the unemployed to continue their health insurance coverage from their previous employer for a designated period of time is also a costly plan. U.S. Representative Pete Stark from California is promoting an expansion of COBRA. His plan proposes providing subsidies to help the unemployed pay for the plan.
MEDICAID The Federal program that is run by the States which covers health care for seniors, disabled, low income and certain families with dependent children is expected to receive a $40 billion windfall over the next two years.
In addition to these programs, the stimulus package will likely include some $10 billion as a down payment to help doctors, hospitals, and other health care facilities to implement electronic medical records and streamline offices with computers, wrote the Post article. What will actually be included in the package is of course still up for debate.
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