Editors's Note: Timothy Jost is a professor at Washington and Lee University School of Law. He posts regularly on the Politico health reform arena and on Georgetown University’s Legal Issues in Health Reform blog.

Senate Finance Committee Chairman Baucus released his modified mark to the reform bill yesterday afternoon, indicating concessions that he is trying to make toward Olympia Snowe as well as recalcitrant Democrats like Jay Rockefeller. Among the amendments is a higher threshold for the proposed excise tax on so-called "Cadillac plans," which will be raised from $8,000 to $8,750 for individuals and from $21,000 to $22,000 for families.