Obama and Holt on Health Care

President Obama

President Obama

Washington, DC, Nov. 7, 2009, 11:00 PM. The U. S. House of Representatives passed a health care bill that appears to profoundly change the system.

According to President Obama, (click here or  here)

Comprehensive health care reform can no longer wait. Rapidly escalating health care costs are crushing family, business, and government budgets. Employer-sponsored health insurance premiums have doubled in the last 9 years, …. This forces families to sit around the kitchen table to make impossible choices between paying rent or paying health premiums. … The United States spent approximately $2.2 trillion on health care in 2007, or $7,421 per person – nearly twice the average of other developed nations. Americans spend more on health care than on housing or food. If rapid health cost growth persists, the Congressional Budget Office estimates that by 2025, one out of every four dollars in our national economy will be tied up in the health system. This growing burden will limit other investments and priorities that are needed to grow our economy. Rising health care costs also affect our economic competitiveness in the global economy, as American companies compete against companies in other countries that have dramatically lower health care costs.

According to Rush Holt, D, NJ-12, (click here or here)

Rep. Rush Holt, D, NJ-12

Rep. Rush Holt, D, NJ-12

This bill would provide secure and stable health coverage regardless of whether you change jobs or are between jobs, ensure Americans will never be denied care if they get sick, and extend coverage to those not well served by the current system.

This is a historic vote and the furthest we have come toward providing affordable and quality health coverage to all Americans.

Once this bill becomes law, it immediately would eliminate cases where insurance benefits run out because of an expensive illness, would allow young adults to remain on their parents’ insurance through age 26, and would shrink the Medicare prescription doughnut hole.

The bill would strengthen and extend existing programs.  For example, those who have health insurance through their employers would benefit from caps on yearly out of pocket costs.  Under the legislation, Medicare would be intact, only better – recipients would benefit from free preventive care and better primary care.  Clickhere to read more about what the bill would do for you.

Reform would preserve the relationship between families and their doctors and shift to a focus on healthy outcomes and rewarding physicians for treating the whole patient.