these folks say it is not. http://www.snopes.com/politics/medical/kithil.asp
I have read parts of this bill and the government does want access to your banking accounts!
Snopes is always quick to put a favorable liberal spin on most issues. In most valid debates I have read, the language is so convoluted that almost every section of the law will be tested in court just to come up with a ruling about what it means.
Do not believe Snopes.Very left leaning people who run that site.