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IMPORTANT INFORMATION
Wednesday, May 12 2010

Health Reform

Building on a year's work from the House and the Senate, the final health reform legislation that the President signed into law included the best ideas from both sides of the aisle offered in the course of the debate. 

Health reform will make health care more affordable, make health insurers more accountable, expand health coverage to all Americans, and make the health system sustainable, stabilizing family budgets, the Federal budget, and the economy: 

  • It makes insurance more affordable by providing the largest middle class tax cut for health care in history, reducing premium costs for tens of millions of families and small business owners who are priced out of coverage today.  This helps 32 million Americans afford health care who do not get it today – and makes coverage more affordable for many more.  Under the plan, 95% of Americans will be insured.
  • It sets up a new competitive health insurance market giving millions of Americans the same choices of insurance that members of Congress will have.  
  • It brings greater accountability to health care by laying out commonsense rules of the road to keep premiums down and prevent insurance industry abuses and denial of care.  
  • It will end discrimination against Americans with pre-existing conditions.
  • It puts our budget and economy on a more stable path by reducing the deficit by more than $100 billion over the next ten years – and more than $1 trillion over the second decade – by cutting government overspending and reining in waste, fraud and abuse.

Additional Progress

  • The President signed the Children’s Health Insurance Reauthorization Act on February 4, 2009, which provides quality health care to 11 million kids – 4 million who were previously uninsured.
  • The President’s American Recovery and Reinvestment Act protects health coverage for 7 million Americans who lose their jobs through a 65 percent COBRA subsidy to make coverage affordable.
  • The Recovery Act also invests $19 billion in computerized medical records that will help to reduce costs and improve quality while ensuring patients’ privacy.
  • The Recovery Act also provides:
    • $1 billion for prevention and wellness to improve America’s health and help to reduce health care costs;
    • $1.1 billion for research to give doctors tools to make the best treatment decisions for their patients by providing objective information on the relative benefits of treatments; and
    • $500 million for health workforce to help train the next generation of doctors and nurses.

 

Sources From - http://www.whitehouse.gov/issues/health-care

Posted by: AT 10:33 am   |  Permalink   |  Email
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