WASHINGTON, Nov. 7 (Xinhua) -- U.S. House of Representatives passed a historic overhaul health care reform bill on Saturday night, which was considered a big boost to President Barack Obama and the Democratic Party.

    By voting 220 to 215, the House approved the bill H.R. 3962, titled Affordable Health Care for America Act, after hours of debates and discussion at the whole floor.

U.S. House Speaker Nancy Pelosi gestures during a press conference at Capitol Hill, in Washington, the United States, Nov. 7, 2009, after the passage in the House of Representatives on a health care reform bill.(Xinhua/Zhang Yan) Photo Gallery>>>

    "The Affordable Health Care for America Act is a piece of legislation that will provide stability and security for Americans who have insurance; quality affordable options for those who don't; and bring down the cost of health care for families, businesses, and the government while strengthening the financial health of Medicare," said Obama in a statement to congratulate the passage.

    He acclaimed the legislation also because "it is fully paid for and will reduce our long-term federal deficit."

    The reform bill would lead to the biggest policy changes to the U.S. healthcare system since the government established the Medicare, a social health insurance program for the elderly, in 1965.

    The 2,000-page bill, combining three different versions drafted by different House committees, would cost 1.1 trillion U.S. dollars over next 10 years, but would extend insurance coverage to96 percent of Americans, including 36 million uninsured currently, and eventually cut the federal deficit by roughly 30 billion dollars.

    Among other things, the bill would subsidize insurance for poorer Americans and create health insurance exchanges to make it easier for small groups and individuals to purchase coverage.

    It would also cap annual out-of-pocket expenses and prevent insurance companies from denying coverage for pre-existing conditions.

    According to House Democrats, the measure will be financed through a combination of a tax surcharge on wealthy Americans whose annual incomes are over 500,000 dollars, and spending cut in Medicare and Medicaid by 1.3 percent every year.

U.S. House Speaker Nancy Pelosi (R, front) speaks during a press conference at Capitol Hill, in Washington, the United States, Nov. 7, 2009, after the passage in the House of Representatives on a health care reform bill.(Xinhua/Zhang Yan) Photo Gallery>>>

    The bill also includes controversial public option but rules that health care providers are allowed to negotiate reimbursement rates with the federal government.

    President Obama said in a pre-voting statement that the House vote "can bring us one step closer to making real the promise of quality, affordable health care for the American people."

    "It is a bill that is fully paid for and will actually reduce our long-term federal deficit," he added.

    The House also voted on Saturday night 240 to 194 to pass the abortion amendment that would prohibit coverage of abortions under a government-run health care plan, as a comprise to win support from some conservative Democrats to the health care reform bill.

    The floor rejected Republican alternative health care plan by 176 to 258.

    The United States is the only developed country that does not provide a universal health care for its citizens. Most people have to obtain their health insurance through employment, and only the poor, elderly and military veterans can enjoy the government-funded coverage.

    Official statistics show that the U.S. annual health care spending has reached 2.2 trillion dollars, or 7,471 per person, which accounts for 16 percent of GDP. If the current system continues, this percentage is estimated to reach 25 percent in 2025.

    However, the victory in the House cannot guarantee that there will be a bill sent to the president to sign into law. The Senate is still evaluating its own unified version of the health care reform bill and has not yet set a date for the final voting.

    Obama expressed his confidence that Congress would eventually send him a bill although the deadline he set for it has been delayed several times.

    "We are just two steps away from achieving health insurance reform in America," he said in the statement. "I am absolutely confident it will, and I look forward to signing comprehensive health insurance reform into law by the end of the year."

Obama met House Democratic leaders as final push for health care reform

     WASHINGTON, Nov. 7 (Xinhua) -- U.S. President Barack Obama Saturday made a rare visit to Congress and met with House Democratic leaders, as his last-minute push for a health care reform that was expected to be passed later the day.

    The president arrived at the Capitol Hill in late morning and held a close-door meeting with Democratic leaders including House Speaker Nancy Pelosi and House Majority leader Steny Hoyer. Full story

U.S. House expected to pass health care bill on Saturday: Democratic leader  

    WASHINGTON, Nov. 5 (Xinhua) -- The U.S. House of Representatives is likely to pass the overhaul health care reform bill on Saturday, said a congressional Democratic leader on Thursday.

    House Democratic leader Steny Hoyer told reporters that House leaders are still working through some details at the last minute and would take the final version to the whole floor on Saturday. Full story

U.S. House Democrats to bring health care reform bill to whole floor

    WASHINGTON, Nov. 3 (Xinhua) -- The U.S. House Democrats will take their sweeping health care reform bill to the whole floor later this week, said a leader on Tuesday.

    "It is our intention either Friday or Saturday to have this bill on the floor," said House Democratic leader Steny Hoyer at a press conference, adding that the House may vote on the bill next Monday and Tuesday. Full story

U.S. House unveils unified health care bill

    WASHINGTON, Oct. 29 (Xinhua) -- U.S. House leaders unveiled Thursday a unified healthcare reform legislation which includes a controversial public health insurance option.

    That marks another milestone in the endeavor launched by U.S. President Barack Obama earlier this year to overhaul the country's problematic health care system. Full story

U.S. Senate finance panel OKs health care overhaul bill

    WASHINGTON, Oct. 13 (Xinhua) -- The U.S. Senate Finance Committee on Tuesday passed a health care reform bill in a vote viewed as critical to help advance the Obama administration's health care overhaul agenda.

    The legislation, drafted by Democrats, was approved on a 14-9 vote in the 23-member committee, with Republican Senator from Washington state Olympia Snowe broke away from her party to cast a "yes" vote. Full story

"Obamacare" enters new phase, but challenges remain

    WASHINGTON, Oct. 13 (Xinhua) -- As the U.S. Senate Finance Committee passed its version of the health care reform bill on Tuesday, the Obama administration's health care overhaul initiative, or the so-called "Obamacare," finally entered a new phase.

    However, with lawmakers unable to agree on some key features of the legislation, the "Obamacare" will still be confronted with tremendous challenges. Full story

U.S. debates on whether to cover illegal immigrants in health care reform

    LOS ANGELES, Oct. 2 (Xinhua) -- As U.S. President Barack Obama pushes hard for the most comprehensive health care reform in the country, the issue on whether to provide government-sponsored health plan to the country's illegal immigrants becomes a hot topic of debate.

    There have been different versions of health care bill in the U. S. Congress. Both of the current House and Senate versions of health care reform legislation restrict the availability of federal health insurance subsidies to U.S. citizens and legal residents. Full story