Beverly Hills 12/8/2009 2:37:29 AM
News / Business

Anti-Abortion Amendment Revealed

Finance World News Update by EQUITIES Magazine

Led by Democrat Ben Nelson of Nebraska, a bipartisan group of senators has released an amendment to the Senate’s health care bill that would put severe restrictions on abortion coverage.

 

The issue could threaten passage of the overall health care bill because Nelson says he won’t vote for the bill without the abortion language, which liberals say they won’t support.

 

The amendment prevents any private insurance company that gets federal money from covering abortions—basically most insurers under the new bill, since they will benefit from new government health subsidies for low-income people

 

A new government insurance plan would also be barred from covering abortion except in limited cases.

 

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Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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