If you already have health insurance: reform will provide you with more security and stability. It will limit your own out of pocket costs and prevent your insurance company from dropping your coverage if you get too sick. You'll also have affordable insurance options if you lose or change your job. And it will cover preventive care like check-ups and mammograms that save lives and money.
If you don't have health insurance: you will finally have guaranteed access to quality, affordable health care, and you can choose the plan that best suits your family's needs. And no insurance company will be allowed to deny you coverage because of a pre-existing medical condition.
CRFB: More access and broader coverage do not save money, however. Greater coverage will increase health spending. Unless major changes are successfully implemented in health care delivery and payment systems, costs will continue to rise from a larger base at a rapid pace. Moreover, potential savings are speculative, while costs are far more certain. That imbalance suggests that unless there is broad popular support for the measures that will be required to achieve savings, the nation’s health care bill could become that much more unaffordable.Obama went on to say that “the entire cost of that has to be paid for and it has got to be deficit-neutral. And we identified two-thirds of those costs to be paid for by tax dollars that are already being spent right now.”
Obama: So the plan that has been – that I put forward and that what we're seeing in Congress would cover – the estimates are – at least 97 percent to 98 percent of Americans.That's true of the House health care bill, but it's far from the truth about Obama's plan proposed when he was running for president.
Obama: And, in fact, there's going to be a whole lot of savings that we obtain from that because, for example, the average American family is paying thousands of dollars in hidden costs in their insurance premiums to pay for what's called uncompensated care – people who show up at the emergency room because they don't have a primary care physician.We wrote about this back in June, when Obama said that "the average family pays a thousand dollars in extra premiums to pay for people going to the emergency room who don't have health insurance." This came from a report by the health care advocacy group Families USA, which estimated that people with private family insurance paid an extra $1,017 in premiums to cover the cost of uncompensated care to the uninsured; individuals paid $368 extra. But the nonpartisan Kaiser Family Foundation took issue with that estimate, saying that they were "highly skeptical" that the rising cost of insurance premiums had much to do with cost-shifting, because much of the uncompensated costs would not be passed on to premium payers. KFF's estimate of actual cost shifting amounted to more like $200 per family annually.
Obama: I am very worried about federal spending. And the steps that we've taken so far have reduced federal spending over the next 10 years by $2.2 trillion.The nonpartisan Congressional Budget Office doesn’t agree that Obama’s budget has “reduced federal spending” at all. Quite the opposite. His budget calls for vastly increased spending, according to CBO.
Obama: And we know that we're spending on average, we here in the United States are spending about $6,000 more than other advanced countries where they're just as healthy.In fact, the U.S. spends nearly $7,000 per person total, or nearly $2,500 more than the next highest-spending country, according to the most recent completed data from the Organisation for Economic Co-Operation and Development.