[C-L]Obama Introduces a New Universal Health Care Plan

2008 presidential candidate Barack Obama introduced a health care plan that “would provide every citizen a means for coverage and calls on government, businesses and consumers to share the costs of the program.” According to Obama, the implementation of his plan would provide health care to all people and save each consumer an average of $2,500 a year. The estimated cost of the program is anywhere from $50 billion to $65 billion and would be made possible by eliminating the tax cuts for the wealthy that were executed by President Bush.

“We have reached a point in this country where the rising costs of health care has put too many families and businesses on a collision course with financial ruin and left too many with no coverage at all,” Obama said. “This cost crisis is trapping us in a vicious cycle.”

Obama’s plan retains the private insurance system but injects additional money to pay for expanding coverage. It would also create a National Health Insurance Exchange to monitor insurance companies in offering the coverage.

Those who can’t afford coverage would get a subsidy on a sliding scale depending on their income, and virtually all businesses would have to share in the cost of coverage for their workers. The plan is similar to the one covering members of Congress.

Obama’s package would prohibit insurance companies from refusing coverage because of pre-existing conditions.

“My plan begins by covering every American. If you already have health insurance, the only thing that will change for you under this plan is that the amount of money you will spend on premiums will be less,” Obama said. “If you are one of 45 million Americans who don’t have health insurance, you will after this plan becomes law.”

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There will be some movement in how people get their insurance under the legislation in Congress – and Obama’s second comment acknowledges that. But his if-you-like-it-you-can-keep-it claim ignores the fact that employers may well choose to buy a different health insurance plan once any health coverage overhaul takes effect. In a late June press conference, HP0-A01 braindumps ABC News’ Jake Tapper asked Obama about his claim, saying that employers might be attracted to a cheaper federal plan. Obama said: “When I say if you have your plan and you like it, or you have a doctor and you like your doctor, that you don’t have to change plans, what I’m saying is the government is not going to make you change plans under health reform.” E20-361 braindumps That’s true – the government won’t switch your plan for you under these bills. But that’s not exactly the claim the president is making. How many employees could be subject to an unwanted change of insurance is tough to predict. Part of the dilemma concerns the proposed federal health plan and how much cheaper it might be, or not, than private insurance. HP2-T14 braindumps The House bill as introduced structures the federal plan in a way that would attract more employers than the House bill as amended by the Energy and Commerce committee. A Senate bill is similar to the amended House version. Here’s what could happen under the various bills:

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