POLITICAL observations & opinions

* healthcare showdown … President Obama and the Republicans … 10:00 am Thursday 2/25/10 … live on TV

Posted by Lew Weinstein on February 24, 2010

At Thursday’s bipartisan meeting, the President will continue to work with members of both parties to find common ground and look for the best ideas that will help American families and small business owners have greater control over their own health care.  The entire event will be live-streamed on WhiteHouse.gov starting at 10 a.m. EST — so mark it on your calendar and be sure to tune in.

There are a few key components of the President’s Proposal …

  • It sets up a new competitive health insurance market giving tens of millions of Americans the exact same insurance choices 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 ends discrimination against Americans with pre-existing conditions.
  • It puts our budget and economy on a more stable path by reducing the deficit by $100 billion over the next ten years by cutting government overspending and reining in waste, fraud and abuse.
  • It provides the largest middle class tax cuts 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.

The President’s Proposal also features some key improvements to existing issues …

  • For America’s seniors, the proposal closes the Medicare prescription drug “donut hole” coverage gap.
  • It improves insurance protections for consumers and creates a new Health Insurance Rate Authority to address unreasonable insurance rate increases and other unfair practices of insurance plans.
  • A provision that gave additional funding to Nebraska to help the state expand Medicaid coverage now includes all states.

You can learn more about the President’s Proposal at http://www.whitehouse.gov/health-care-meeting.

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