Obama called for Congress to pass legislation reforming health care in the United States, a key campaign promise and a top legislative goal. He proposed an expansion of health insurance coverage to cover the uninsured, to cap premium increases, and to allow people to retain their coverage when they leave or change jobs.
[Says Obama:] "And against all sorts of setbacks, when the opposition fought us with everything they had, we finally made clear that in the United States of America nobody should go broke because they get sick. We are better than that. And today, insurance companies can no longer drop or deny your coverage for no good reason."
[Says Obama:] "We will also give you additional tax credits if you are providing health insurance for your employees -- we'll give you tax credits for that. Right now, one of the things we're pushing Congress to do is to give you a tax credit if you hire additional workers, or you give folks who are a working for you a raise. We want to give you incentive to do that."
Thanks to the Affordable Care Act... it is illegal for insurance companies to deny coverage to children because of a pre-existing condition. And in 2014, discriminating against anyone with a pre-existing condition will be illegal.
"Today, two years after we passed health care reform, more young adults have insurance, more seniors are saving money on their prescription drugs, and more Americans can rest easy knowing they won't be dropped from their insurance plans if they get sick," said President Obama. "The law has made a difference for millions of Americans, and over time, it will help give even more working and middle-class families the security they deserve."
Highlights from the Keeping America's Women Moving Forward report include an overview of how Administration policies impact women at every stage of their lives: ...1.1 million women between the ages of 19 and 25 who would have been uninsured currently receive health coverage under a parent's health insurance plan or through an individually purchased health insurance plan.
[Says Obama:] "Nobody is going to go broke just because they get sick. And Americans will no longer be denied or dropped by their insurance companies just when they need care the most. That's what change is."
In a passionate pitch for his health care overhaul, Obama sought to draw a stark contrast with presumptive GOP nominee Mitt Romney, saying his rival intended to take his health care law and "kill it dead" on the first day of his presidency and "get rid" of Planned Parenthood. "They want to take us back to the policies more suited to the 1950s than the 21st century," Obama said, arguing that the decisions affecting a woman's health are "not up to politicians, they're not up to insurance companies, they're up to you."
Obama and his health secretary staged a two-pronged attack Monday in a stern letter to health insurance chief executives and a speech in which the president castigated insurance companies 22 times. "How much higher do premiums have to rise," he demanded, "before we do something about it?"
The average US family and their employer pay $1,000 a year extra in health insurance costs to cover care for the uninsured. By bringing the uninsured into the system and tackling the drivers of health care costs, the new health care law will make health insurance more affordable for businesses.
Thanks to the Affordable Care Act, insurers can no longer put a lifetime cap on how much care they will pay for if you get sick or cancel your coverage when you make a mistake on your paperwork. Starting in 2014, health insurers will be prohibited from charging you more because you are a woman.