On the recordJuly 11, 2012
I thank the chairman for yielding the time. It took 19 Presidents and 100 years dating back to President Teddy Roosevelt to open the door to all Americans, to quality health care that is centered on the patient-doctor relationship; 105 million Americans who will fall ill will no longer have a lifetime limit on the coverage they receive from their health insurance company. Up to 17 million children today who have preexisting conditions cannot be denied coverage by an insurance company; 6.6 million young adults under the age of 26 today can stay on the health care policy of their parents; 5.3 million seniors today received an average $600 to help cover the cost of their prescription drugs when they fall into the so-called doughnut hole; 360,000 small businesses in America, men and women who own their own businesses, got assistance through a tax credit to help provide health insurance coverage to their employees. Thirteen million Americans will benefit in insurance premium rebates from insurance companies, who must now show that they are spending the premium money they get from those Americans for health care, not on paying CEO salaries or not on profits--$1.1 billion national rebates for 13 million Americans.…





