(CNN) -- Senate Democrats claimed a major victory this weekend after voting to end debate on their version of the health care bill. The Senate is on track to hold a final vote on Christmas eve, but there's still a long way to go before a bill is on President Obama's desk. Here are answers to some frequently asked questions about what's in the House and Senate health care bills and what's next. Where does the health care debate stand? The House passed its version of health care reform last month. The Senate, which follows different procedures than the House, is slated to vote on its version of the health care bill before Christmas.
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Senate and House bills will need to be merged
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House plan would create public option; Senate plan would not
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Both bills mandate coverage; both include hardship exemption
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Bills would prevent insurers from denying coverage for pre-existing conditions
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The @placeholder plan imposes a noncompliance fine that starts at $95 in 2010 and escalates to $750 in 2016.
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Under the @placeholder plan, with subsidies, premiums for a family of four at 133 percent of poverty would be a maximum of $821.14, while premiums for a family making the highest amount eligible would be a maximum of $8,643.60.
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Under the @placeholder plan, starting in 2013, companies with more than 50 employees would be required to pay a fee per worker if its employees rely on government subsidies to purchase coverage.
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@placeholder has defined the exchange as a "one-stop shopping marketplace where you can compare the benefits, cost and track records of a variety of plans -- including a public option to increase competition and keep insurance companies honest -- and choose what's best for your family."
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The @placeholder plan allows states to choose whether to ban abortion coverage in health plans offered in the insurance exchanges.
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The @placeholder plan exempts illegal immigrants from the health coverage mandate, and prohibits illegal immigrants from participating in the insurance exchanges.