Key details of Democrats' health overhaul bill

AP News
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Posted: Nov 07, 2009 11:56 PM

The House health care bill passed Saturday would:

_Require most Americans to purchase health insurance or pay a fine.

_Expand health care coverage to 36 million more people over the next decade.

_Require employers with payrolls above $500,000 to provide insurance to their employees or pay a fine.

_Prohibit insurance companies from denying coverage because of pre-existing medical conditions.

_End premium disparities between men and women.

_Impose a 5.4 percent income tax surcharge on income above $500,000 annually for individuals and above $1 million annually for households.

_Establish a government-run insurance plan to compete with private insurers beginning in 2013.

_Cost $1.2 trillion over 10 years.

_Cut Medicare spending by more than $400 billion over 10 years.

(This version CORRECTS Corrects to trillion sted billion)