President Obama signs healthcare bill Tuesday putting into affect, insurance coverage to an estimated 32 million uninsured Americans and bumps up coverage for all.
After almost a year of debate about this healthcare bill that will effect millions, it passed with a vote of 219 to 212 in the House of Representatives on Sunday night.
"Today, after almost a century of trying, today, after over a year of debate, today, after all the votes have been tallied, healthcare insurance reform becomes law in the United States of America," Obama said.
Most parts of the healthcare bill do not go into effect until 2014 but some parts of the bill are immediate. Tax credits for small businesses offering health insurance to employees will be implemented this year.
Also children with preexisting medical conditions can gain insurance coverage and insurance companies are no longer able to drop insurers because they are ill. The coverage will be extended to adults in 2014.
Another immediate effect is children are allowed to stay on their parent's policies until they are 26 and senior citizens who are in a coverage gap are now covered under Medicare.
"Tonight, at a time when the pundits said it was no longer possible, we rose above the weight of our politics," the president said.
After almost a year of debate about this healthcare bill that will effect millions, it passed with a vote of 219 to 212 in the House of Representatives on Sunday night.
"Today, after almost a century of trying, today, after over a year of debate, today, after all the votes have been tallied, healthcare insurance reform becomes law in the United States of America," Obama said.
Most parts of the healthcare bill do not go into effect until 2014 but some parts of the bill are immediate. Tax credits for small businesses offering health insurance to employees will be implemented this year.
Also children with preexisting medical conditions can gain insurance coverage and insurance companies are no longer able to drop insurers because they are ill. The coverage will be extended to adults in 2014.
Another immediate effect is children are allowed to stay on their parent's policies until they are 26 and senior citizens who are in a coverage gap are now covered under Medicare.
"Tonight, at a time when the pundits said it was no longer possible, we rose above the weight of our politics," the president said.
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