When Congress is through, will there be anything left of healthcare reform?

Being that the latest news about the health care reform bill has been the drug amendment being thrown out for fear of pharmaceutical companies creating a backlash against the legislation, what’s really left?
So far they have thrown out a public option (never even considering a single payer system), cut out the medicare expansion, and now with this latest bungling, have no way whatsoever to try and control the cost of prescriptions.
All that seems to be left is requiring everyone to purchase insurance. Is this reform, or just a windfall for the insurance industry and big Pharm.?