If the House passes the Senate bill in full then there is no need for reconciliation... What am I missing here?
The only way the House will have a prayer of passing the Senate bill is if conservative House RATS are promised that there will then be “fixes” to the original Senate bill on provisions such as the liberal abortion language.
They would be nuts to accept such promises, especially given that such provisions are not eligible for reconciliation, but you know how it goes.
The Massachusetts election left the Democrats with < 60 votes in the Senate, so they can't pass a modified bill there anymore. So the modifications the House wants to the Senate bill will be approved via reconciliation, which requires only 51 votes.
You are correct.
What the Senate Democrats are doing is trying to woo some Democrat House members to vote on the Bill with the promise that 'problems' will be addressed in Reconciliation.
But the Bill would be Law even if Reconciliation didn't happen.