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Citizens are concerns on Pros and Cons on the new Government Health Care Reform Bill.

The reform bill was pass on Sunday night is rumored to cost a whopping $1 trillion, yet save billions off the nation’s deficit through increased taxes and cost savings through the expanded Medicare program.

The pros and cons are numerous. If the legislation operates as the Democrats that passed the bill claimed (and that’s a big if) then millions of Americans will have access to health care that didn’t previously.

In addition, health insurance companies won’t be able to deny coverage because of pre-existing conditions. Insurance companies will be reigned in, and Medicare spending will become more efficient.

On the other hand, the bill is massively expensive and requires Americans to purchase insurance. If they don’t purchase insurance, they will have to pay a fine. In addition, those who wish to purchase better health care plans (Cadillac Plans) will have to pay an extra tax.

Source: CNN News