What Health Reform Does in 2010

The President's weekly address today is devoted to the health care reform debate.  He lays out the immediate benefits to small business, individuals, those covered by Medicare, and those uninsured because of pre-existing conditions. If the bill is passed, these are benefits that will take effect this year.  Federal subsidies to help with the cost of insurance premiums for low and middle income taxpayers and the development of the insurance exchanges, where we'll be able to choose from a range of qualified benefit plans from many health insurers will come later.  The full text of the address is provided after the jump.