Washington — The chairman of the Senate Finance Committee, Sen. Max Baucus, D-Mont., has released plans for a major overhaul of the healthcare system.

The Baucus plan would ensure that every individual can access affordable coverage by creating a nationwide insurance pool called the Health Insurance Exchange. Those who already have health coverage could keep what they have. But for those who need affordable, guaranteed coverage, the Exchange would be a marketplace where Americans could easily compare and purchase the plans of their choice. 

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