Senate’s 10-Year Health Care Plan Would Cost $856B

WASHINGTON — Senate Finance Committee Chairman Max Baucus has released his long-awaited health overhaul bill, moving forward with a landmark, $856 billion bill even though no Republicans are on board.

» Read the 223-page report (PDF, 1.2 MB)

The measure would make major changes to the nation’s $2.5 trillion health care system including requiring all individuals to purchase health care or pay a fine. It also would bar insurance company practices like charging more to people with grave health problems.

A press release from Baucus says the bill would cost roughly $856 billion over the next 10 years.