Political Quotes

Bill Clinton: See, even for a large business, it's difficult. I want to explain why--it's not so many--the bad in this is the way the…

On the recordApril 7, 1994
See, even for a large business, it's difficult. I want to explain why--it's not so many--the bad in this is the way the financing is organized, not necessarily the company. Under our plan, your son would have a right to insure his family at any place of work, now and in the future. But the private insurance company who provides the insurance would not go broke even with your daughter-in-law's problems, because they would be in a very large pool. So to go back to the gentleman who was on television here with the pizza company, insurance companies would make money the way Blue Cross originally did and the way food stores do now or large eating establishments, a little bit of money on a lot of sales, a lot of people. And that's how we would do it. But your son under our plan would have a right to have his family insured at this job or at any other. But the company wouldn't go broke trying to provide the employer's share of the premium, and the insurance company wouldn't go broke, because they'd be in a very big pool, and the risk would be broadly spread. Mr. Anschutz. Mr. President, let's move on to Tulsa, Oklahoma, again if we can. Ms. Silvy. Mr. President, this gentleman is an internist with a managed care organization here in Tulsa, and his question relates to medical technology. Medical Technology
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Bill Clinton
Democratic · Arkansas

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