Last time he spoke to jt session of Congress our economy was on the verge of collapse. While not fully recovered, we’re back from the brink.
It’s about security and stability. Insurance companies finding excuses to drop insured when they become sick.
If we do nothing, we’ll be spending more on medicare and medicaid than on all other government programs combined.
There’s agreement in Congress on about 80% of what needs to be done.
If you already have health insurance – more stability, more security – nothing will require you to change the coverage or the doctor you already have. The existing insurance will work better – no preexisting coverage exclusion (there’s bipartisan agreement on that I see), insurance companies won’t be able to drop or water down coverage when you get sick, no arbitrary limits, limits on out-of-pocket costs and coverage of routine examinations and prevention.
New insurance exchange for those in need of coverage. Portability, transferability & affordability. Immediate availability of catastrophic insurance for Americans who can’t afford existing options.
95% of small businesses will be exempt from requirements if can’t afford to contribute.
Key provisions of proposal: consumer protections for those with insurance, an exchange to offer affordable coverage & requirements to participate or contribute to the solutions.
Lies: death panels, coverage for illegal immigrants, no federal dollars to fund abortions, no gov’t takeover of the entire health system.
“Consumers do better when there is choice and competition.”
In 34 states, 75% of the insurance business is controlled by 4 or less companies – 90+% by one company in Alabama.
“I have no interest in putting insurance companies out of business. . . . I just want to hold them accountable.”
“I will not sign a plan that adds one dime to the deficit now or in the future.” The bill would require more spending cuts if projected savings don’t materialize.
“I will protect Medicare”
It’s about the character of our country.
Republican response: cites replacing private insurance coverage with gov’t run plans. Why do they insist on lying? Any wonder why we’re likely to move forward without the GOP if they won’t negotiate honestly?