Health care reform already helps millions: Barack Obama
Washington: US President Barack Obama on Saturday said that tens of thousands of Americans are already reaping benefits from the new health care reform though it will take few years before it is fully implemented.
In his weekly radio address, Obama highlighted the
ways in which health reform is already holding insurance
companies more accountable and giving consumers more control.
Implementing everything in the new law will not happen
overnight, but consumers are already getting a break from
unfair rate hikes and insurance companies will no longer drop
coverage for people when they get sick.
Obama said four million small businesses have been
notified that they could be eligible for a health care tax cut
Retirees will soon receive help if they fall into the
prescription drug "donut hole".
And, young adults will be able to stay on their
parents` plan until they are 26 years old, he said.
"It has now been a little over a month since I signed
health insurance reform into law. And while it will take some
time to fully implement this law, reform is already delivering
real benefits to millions of Americans. Already, we are seeing
a health care system that holds insurance companies more
accountable and gives consumers more control," Obama said.
He said two weeks ago, four million small business
owners and organisations found a postcard in their mailbox
informing them that they could be eligible for a health care
tax cut this year - a tax cut potentially worth tens of
thousands of dollars; a tax cut that will help millions
provide coverage to their employees.
"Starting in June, businesses will get even more
relief for providing coverage to retirees who are not yet
eligible for Medicare. And a little over a month from now, on
June 15th, senior citizens who fall into the prescription drug
coverage gap known as the `donut hole` will start receiving a
USD 250 rebate to help them afford their medication," he said.
In the next month, the US Government will also be
putting in place a new patients` bill of rights.
"It will provide simple and clear information to
consumers about their choices and their rights. It will set up
an appeals process to enforce those rights. And it will
prohibit insurance companies from limiting a patients` access
to their preferred primary care provider, ob-gyn, or emergency
room care," he said.
"We`re holding insurance companies accountable in
other ways, as well. As of September, the new health care law
prohibits insurance companies from dropping people`s coverage
when they get sick and need it most," Obama said, adding that
on Monday his administration will also be announcing the new
rule that allows young adults without insurance to stay on
their parents` plan until they`re 26 years old.
"I`ve said before that implementing health insurance
reform won`t happen overnight, and it will require some tweaks
and changes along the way. Ultimately, we`ll have a system
that provides more control for consumers, more accountability
for insurance companies, and more affordable choices for
uninsured Americans. But already, we are seeing how reform is
improving the lives of millions of Americans," he said.
More from India
More from World
More from Sports
More from Entertaiment
- Rajasthan: Gujjars revive reservation agitation, block rail track
- J Jayalalithaa sworn-in as Chief Minister of Tamil Nadu
- Dr Subhash Chandra Show: Aspiring for more than what you have!
- ISIS to buy first nuclear weapon from Pak?
- Mumbai: CCTV captures assailant with gun at Film City
- Mathura SSP receives death threat letter, message for PM Modi
- BJP now central pole of Indian politics: Arun Jaitley
- Maharashtra FDA sends Maggi noodles for lab testing
- Watch: Fast N Facts @ 7:30pm
- Haridwar: Hotel Radisson Blu sealed for polluting Ganga
- Delhi: Two killed in road accident in New Ashok Nagar
- Reservation issue: Police register case against Bainsla, 20 others
- Girl in Punjab's Pathankot quit studies for fear of eve-teasing
- Special: Furious over rising water crisis, people take to the streets
- Fiji: Floating island restaurant in middle of ocean
- Goa Board SSC Exam Results 2015 announced
- ISIS close to buying nuclear weapon from Pakistan?
- Manohar Parrikar visits forward areas along LoC, reviews security situation
- Credibility of Prime Minister's Office restored by BJP, says Arun Jaitley
- There will be no delay in appointing CIC, CVC: Jitendra Singh
- ISIS justifies raping slave girls, says Michelle Obama is 'worth $40'
- 'Unhappy' Celina Jaitley asks Sunny Leone to move out?
- IPL 2015 Final: Mumbai Indians vs Chennai Super Kings - Preview
- Arvind Kejriwal to highlight AAP govt's 100 days work on Monday
- BJP's plan for one-year celebration: 200 big rallies, 5,000 public meetings
- CBSE Results 2015: 10th board exam results to be declared on May 27
- IPL 8 Final: We need to be at our best against Mumbai, says Michael Hussey
- Heatwave leaves 153 dead in Telangana, Andhra Pradesh
- Jayalalithaa returns as Tamil Nadu CM: As it happened