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Premiums Will Rise Under Health Care Reform

Floor Speech

Date: Oct. 14, 2009
Location: Washington D.C.
Issues: Health and Health Care

Premiums Will Rise Under Health Care Reform

Mr. SMITH of Nebraska. Mr. Speaker, in the next few weeks, the House of Representatives will be taking up health care reform legislation.

A report released Monday by PricewaterhouseCoopers showed the Senate Finance Committee's version of the health care bill will impose stiff costs to the American people. According to the report, a family paying $12,300 currently for their health insurance policy would find themselves paying nearly $26,000, on average, by 2019 under this bill. Premiums for a single person would go up by $600 a year.

Mr. Speaker, Americans want reform which expands access to affordable health care and gives families the freedom to choose the policy which fits their needs. Americans want meaningful medical liability reform to help deter frivolous lawsuits, and they also want to be able to buy health insurance across State lines.

Republicans are willing to work with our colleagues to find bipartisan solutions to the hurdles standing in the way of health care reform.


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