The three House committees working on health care legislation released the full text of the bill today, and we’re starting to get the preliminary analysis from the usual suspects.

From John Cohn over at The New Republic:

Once fully implemented, this reform plan will accomplish most of the goals on my mental checklist:

•Generous subisides, available to people making up to 400 percent of the poverty line

•Expansion of Medicaid to cover people making less than 133 percent of the poverty line

•Guarantees of solid benefits for everybody, with limits on out-of-pocket spending

•Strong regulation of insurers, including requirements that insurers provide insurance to people with pre-existing conditions without higher rates

•An individual mandate, so that everybody (or what passes for everybody in these discussions) gets into the system and assumes some financial responsibility

•A public plan, one that appears to be strong, although I’ll reserve judgment on that until I hear from the experts

•Choice of public and private plan, at first just for individuals and small businesses, but later for larger businesses and–possibly–eventually for everybody

•Efforts at payment reform, if not necessarily as strong as they could be

•Investment in primary care and prevention, which is not sexy but potentially important for general health

Sounds promising, though Cohn does raise an important concern:

I do have one, not minor concern: It will be a while before people see the best stuff. Most of the major elements–the insurance exchange, the subsidies, the insurance regulations, the public plan–won’t come online until 2013 or later. This is, I believe, also true of counterpart bills in the Senate.

There’s a sound policy rationale for going slow; it takes a lot of work to set up exchanges, regulations, and the like. But four years is a long time. And I suspect money has a lot to do with the pace. Slower implementation makes it possible to keep the price tag to around $1 trillion.

Over at WaPo Ezra Klein is asking readers to help with a little bit of crowd-sourcing on the bill:

Dig through it and tell me, either in comments or over e-mail, of anything particularly interesting that you’ll find. I’ll pull important nuggets and discoveries onto the front page

You can download the full version here, dig through it and let Ezra know if you find anything interesting