What health insurance reform means for you

Armen Hareyan's picture
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The Obama administration sent out an email to its constituency this morning explaining what the health insurance reform may mean for you, the average American. This is part of the push that the president is making to get the health care reform passed by the year end. The previous deadline was August. However, since the involved parties realized how difficult it is to fix the health care, now they have set a new deadline, which is the end of this year. Today, Barack Obama is taking his case to the people of North Carolina and explaining in a town haul meeting in Raleigh how the new health insurance plan may benefit the people.

Obama says the plan aims to increase the health insurance coverage of Americans and limit the power of the insurance providers. "We have a system today that works well for the insurance industry, but it doesn't always work well for you," Obama told more than 2,000 people in a North Carolina high school gymnasium. "What we need, and what we will have when we pass these reforms, are health insurance consumer protections to make sure that those who have insurance are treated fairly and insurance companies are held accountable."

This is what Obama said in his message sent to Americans today.

If you’re like most Americans, there’s nothing more important to you about health care than peace of mind.

Given the status quo, that’s understandable. The current system often denies insurance due to pre-existing conditions, charges steep out-of-pocket fees – and sometimes isn’t there at all if you become seriously ill.

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It’s time to fix our unsustainable insurance system and create a new foundation for health care security. That means guaranteeing your health care security and stability with eight basic consumer protections:

* No discrimination for pre-existing conditions
* No exorbitant out-of-pocket expenses, deductibles or co-pays
* No cost-sharing for preventive care
* No dropping of coverage if you become seriously ill
* No gender discrimination
* No annual or lifetime caps on coverage
* Extended coverage for young adults
* Guaranteed insurance renewal so long as premiums are paid

Learn more about these consumer protections at Whitehouse.gov.

Over the next month there is going to be an avalanche of misinformation and scare tactics from those seeking to perpetuate the status quo. But we know the cost of doing nothing is too high. Health care costs will double over the next decade, millions more will become uninsured, and state and local governments will go bankrupt.

It’s time to act and reform health insurance, drive down costs and guarantee the health care security and stability of every American family. You can help by putting these core principles of reform in the hands of your friends, your family, and the rest of your social network.

Written by Armen Hareyan

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