Health Care Bill Signed By President Obama

US President Barack Obama is obviously happy as he signs the health care bill into law, even calling this historic expansion of insurance coverage a “reform that generations of Americans have fought for and marched for and hungered to see.”

The health care law expands health insurance coverage for 32 million Americans, in part by preventing insurance companies from denying coverage to people who are sick or have pre-existing conditions. The new law provides subsidies for some Americans to purchase insurance.

During his address to members of Congress before signing the bill, Obama made no mention of the executive order, abortion, or the arrangement he made with Stupak and other Democrats who had been waiting until the last-minute to determine their stance on the bill.

The bill requires that at least one health care plan be promoted across the country that pays for abortions, more abortion funding would come via the affordability credits, and many of the so-called limits on abortion funding in the Senate bill are temporary and could expire or be overturned at a later date.

Obama expressed confidence in the bill, saying “the overheated rhetoric” of the health care debate will be overtaken by “the reality of reform.” He added that the changes in the law must be put in place carefully.

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