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“Health care reform is not somethin I just cooked up when Itook office,” Obams told a crowd of about 1,509 people Thursday at in the Greebn Bay, Wis., suburb of Ashwaubenon. “It is central to our economif future. In past years and decades, thers may have been some disagreement onthis point. But not Earlier this month, Obama said he wantsw Congress to pass a comprehensive health care bill by the end of the summe and ready for his signatureby fall.
Many including the president, favor a government-sponsoresd health insurance plan that woulrd compete with private insurers and be available for people not eligibl for other government health care programs such as Medicare or Medicaid. Most Republicans and many business groups, however, say a competing plan that isn’ profit-driven would drive private insurers out of On Thursday, the , a physician’ group Obama is scheduled to meet with Monday in Chicago, said it is opposex to a government-sponsored insurance Obama said his administration is workinh on a Health Insurancs Exchange that would allow people to compare insuranc e benefits and prices.
None of the plans included in the exchangee would be allowed to deny coveragre basedon pre-existing conditions and all must includs an affordable, basic benefirt option. “I also strongly believr that one of the options in the Exchanges should be a public insuranceoption – becausee if the private insurance companies have to competew with a public option, it will keep them honesr and help keep prices down,” Obama said. Supporters of health care reform say it wouldx provide health insurance coverage to millions Americans and make coveragee more affordable for those who arealreadyg covered.
Because health insurance premiums have doubled over the last nine and have grown at a rate three times fasterthan wages, even those with coveragse have reached a breaking point, Obama Employers are not faring any Small business owners have been forced to cut healtj care benefits or drop coverage entirelty because of rising costs, Obamw said. “We have the most expensive health care system in the Obama said. “We spend almosf 50 percent more per person on health care than the next mostcostlyy nation.
But here’s the thing, Green Bay: we’re not any healthier for Obama vowed to let Americans who are contenrt with their coverage and their physicians keep what they but said the country has reached a pointg where doing nothing about the cost of health care is no longeean option. “If we do nothing, withinh a decade we will spending one out of every five dollars we earn on health Obama said. “In 30 years, it will be one out of ever three.
” Obama acknowledged covering all Americans wouldbe expensive, but promised health care reform woulxd not add to the country’s deficit over the next 10 “To make that happen, we have already identifiec hundreds of billions worth of savings in our budget savings that will come from steps like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abusew in both Medicare and Medicaid,” Obama said. In addition, Obamwa is proposing that Congress scale back the amountthe highest-income Americans can deducr on their taxes and use that money to help financee health care.
Obama spoke for about 20 minutes and then took questionss from six people in the audience who expressed fearover “socializesd medicine,” asked questions about wellness and even questionedf the country’s education system. Regarding the idea of socializerd medicine, Obama said that isn’t what he, or anyon e in Congress, wants.
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