Can someone give me an executive summary of the current health care bill scheduled for debate?

[Rumor_Watkins]

Title says it all. What are the details? I don’t really know what the specific details are as of right now.

Thanks.

[UltraVires]

Here’s a snippet from the Yahoo article

@the article

The insurance industry would come under significant new regulation under the bill, which would first ease and then ban the practice of denying coverage on the basis of pre-existing medical conditions. Beginning in 2014, there would be no limits on lifetime coverage. Effective immediately, children could remain on their parents’ insurance policies until age 26, three years longer than under current law, another attempt to cut into the ranks of the uninsured.

http://news.yahoo.com/s/ap/us_health_care_overhaul

26 year old “children”
no limit on lifetime coverage
no ban on pre-existing conditions?

I know that this is GQ, but is it even a debate that we will see massively huge premium increases with the above three?