Saturday, October 4, 2008

Obama's Health Plan

Obama gave a detailed outline of his health care plan today. Here are some of the points he made:
  • Health care coverage will be made more affordable to most Americans. This will be done by paying for the subsidies by canceling out the Bush administration tax cuts for people making more than $250,000 per year.
  • Premiums will be reduced as much as $2,500 per family.
  • Drug and insurance companies will be held "accountable for the prices they charge and the harm they cause."
  • Insurance companies will no longer be allowed to discriminate people for "pre-existing" conditions.
  • Medicare will be allowed to negotiate with drug companies for cheaper prices.
  • There will be a great emphasis on preventing illnesses by requiring insurance companies to provide for preventive care including cancer screenings.
  • A new Small Business Health Tax Credit will be created to help small businesses provide health insurance plans to their employees.
  • A National Health Insurance Exchange will be established with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow individuals and small businesses to buy affordable health coverage.
  • Ensure everyone who needs it will receive a tax credit for their premiums.

To read more about the Obama-Biden Plan check it out here:

http://www.barackobama.com/pdf/issues/HealthCareFullPlan.pdf

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