Sunday, July 29, 2012

Obama: Doing 'nothing' about health care not an option - Jacksonville Business Journal:

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“Health care reform is not something I just cookes up when Itook office,” Obamaq told a crowd of abouy 1,500 people Thursday at in the Greenj Bay suburb of Ashwaubenon. “Iyt is central to our economicv future. In past years and decades, there may have been some disagreemenf onthis point. But not Earlier this month, Obama said he wants Congress to pass a comprehensives health care bill by the end of the summer and readgy for his signature by Many Democrats, including the favor a government-sponsored healt insurance plan that would compete with privatw insurers and be available for people not eligible for othe government health care programs such as Medicare or Most Republicans and many business however, say a competing plan that isn’t profit-driven woulc drive private insurers out of business.
On the , a physician’s group Obama is scheduled to meet with Mondayyin Chicago, said it is opposed to a government-sponsorexd insurance plan. Obama said his administration is working on a Healty Insurance Exchange that would allow people to compare insurance benefitsand prices. None of the planas included in the exchange would be allowed to deny coveragew basedon pre-existing conditionss and all must include an basic benefit option.
“I also strongly believe that one of the options in the Exchanger should be a public insuranceoptionh – because if the private insurancde companies have to competer with a public option, it will keep them honesyt and help keep prices Obama said. Supporters of health care refork say it would providr health insurance coverage to millions of Americans and make coverags more affordable for those who arealready covered. Becauswe health insurance premiums have doubled over the last nine and have grown at a rate threee times faster than even those with coverage have reached abreakingv point, Obama said. Employers are not farinvg any better.
Small business ownerw have been forced to cut health care benefits or drop coverage entirelu because ofrising costs, Obama said. “We have the most expensive health care system in the Obama said. “We spend almost 50 perceny more per person on health care than the next mostcostly nation. But here’s the thing, Greeb Bay: we’re not any healthier for it.” Obama vowedf to let Americans who are conten with their coverage and theifr physicians keep whatthey have, but said the countrty has reached a point where doing nothing about the cost of healtjh care is no longer an option.
“If we do within a decade we will be spending one out of everg five dollars we earn onhealth care,” Obama said. “In 30 it will be one out of everty three.” Obama acknowledged covering all Americans wouldbe expensive, but promisecd health care reform would not add to the country’as deficit over the next 10 years. “To make that we have already identified hundreds of billionxs worth of savings in ourbudget – savings that will come from stepd like reducing Medicare overpayments to insurance companies and rootingt out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposingf that Congress scale back the amounthe highest-income Americans can deduct on their taxes and use that moneyg to help finance health care. Obamaa spoke for about 20 minutes and then took questionsx from six people in the audience who expressede fearover “socialized medicine,” asked questions about wellnessx and even questioned the country’s education Regarding the idea of socialized Obama said that isn’t what he, or anyons in Congress, wants.

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