President Obama addressed the nation tonight to clear up some questions about health reform. Obama states "We spend more on health care than any other nation in the world, but we are not any healthier for it." He also stressed the importance of health care reform in the overall plan to rebuild our economy.
How does health care reform affect you? Here are key items from his address:
For individuals who currently have insurance coverage, the reform will bring security and stability. It gives you the option to keep your insurance if you are happy with it. It gives you the security of knowing you'll still have coverage if you lose your job, move, or change jobs. It will prevent insurance companies from dropping your coverage when you get too sick. It limits the amount of money your insurance company can force you to pay for medical costs out of your pocket. It will also cover preventive care, like checkups and mammograms.
If you don't have health insurance, health care reform gives you the ability to choose a quality and affordable health plan through a health insurance exchange (a place that promotes choice and competition). No insurance company will be able to deny you coverage because of a pre-exisiting health condition.
President Obama vows health care reform will lower costs, promote choice, and provide coverage every American can count on, and reform will come by the end of this year