Democrats pass key vote of healthcare bill

The healthcare bill passed a crucial round in the Senate this weekend with Democrats tallying 60 votes in favor of the legislation.

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.

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