These are the worthless insurance policies that are sold across State lines today. They have a very low lifetime cap. You get a serious illness and you blow through that and you have no more health insurance from that company. Not only that, but now you've got a preexisting condition and you can't get insurance from any company. The legislation changes that. Thank you for pointing that out.
John Garamendi: “These are the worthless insurance policies that are sold across State lines today. They have a very low lifetime cap.…”
Editor's note · Context
Garamendi discusses the inadequacies of current insurance policies and the impact of proposed legislation.
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