THE WHITEHOUSE
WASHINGTON
Good afternoon,
Over the past few years, many Americans have seen their health insurance premiums skyrocket, while the quality of their health care declined. One of the reasons I pushed so hard to pass health care reform this year was to make sure that American consumers get what they pay for when it comes to their health care.
Today, we're launching a new provision of the Affordable Care Act that does exactly that. Next year, insurance companies will be required to spend at least 80 percent of the health insurance premiums you pay on your health care, instead of overhead costs like advertising and executive compensation. If they don't, they will be required to give you a rebate or cut your premiums starting in 2012.
I asked Nancy-Ann DeParle, the Director of the Office of Health Reform here at the White House, to break down what this means for you and why it's so important:
This new rules will make our health care marketplace more transparent and ensure you get the best value for your premium dollars. And it is just one of the many parts of the Affordable Care Act that are already making our health care system stronger. Here are just a few ways the Affordable Care Act is helping you and your family:
HealthCare.gov. This new website helps you find private health insurance coverage that's right for you and your family and now allows you to compare pricing for the options available to you. In 2014, there will be many more affordable private plan choices.
Patient's Bill of Rights. Insurance companies can no longer place lifetime limits on your care. If you're a young adult under the age of 26, you can stay on your parents' plan, and if your child has a pre-existing condition, insurance companies can't deny his or her coverage.
Pre-Existing Condition Insurance Plan. If you have a pre-existing condition and are having a problem finding coverage, the Affordable Care Act created a special insurance plan just for you.
Help for Small Businesses. If you're a small business owner, you may be eligible for tax credits to help provide insurance for your employees.
Free Preventive Care. If you're purchasing a new plan, you’ll get preventive care like cancer screenings, well-baby and well-child check-ups, and blood pressure or diabetes tests for free.
These aren't just talking points. These changes are saving people’s lives and saving you money, and we will continue our work to implement this landmark law and make our health care system better for all of us.
Sincerely,
President Barack Obama
THE WHITE AND BLUE HOUSE
LA MESA
Dear Mr. President,
I am in receipt of your emailed letter of this date on the subject of health care reform. I found it disturbing. The actions you propose, and the rationale you offer for taking them do not match my perception of reality. Yes, my insurance premiums have increased through the years. I attribute this to inflation generally...a flaming inflation fanned by yours and by the previous administrations' fiscal policies. The quality of my health care has not diminished. If anything, it has improved.
To punish the insurance companies -- in this case by forcing them to restructure -- is a governmental abuse of private enterprise. The market, driven by consumer behavior, is capable of straightening out our health care system.
You have exquisite skills in community organization. I think your skills would be better used in educating and organizing consumers in matters of health care and health care insurance, rather than in villifying and brutalizing the corporations that actually provide services and jobs for our citizens.
Very respectfully,
Bradley L. Hill
