The healthcare bill passed a crucial round in the Senate this weekend with Democrats tallying 60 votes in favor of the legislation.
If the bill is passed - the vote is set for Christmas Eve - health insurance companies will face new limits on how they spend customers' money.
Specifically, the bill would require that 85% of large group plans be spent on medical care and quality improvements. The remaining 15% could be used for marketing, claims, executive salaries, sales commissions, and profits.
The 5% tax on cosmetic was removed although a provision that would tax tanning salons 10% was added. The Senate bill no longer includes an option for a government-run plan.
