Political Quotes

“Mr. President, a few months ago, my colleagues and I passed a landmark health insurance reform bill. President Obama signed it into law, and together we ushered in a new era of transparency, accountability, and cost savings for the American people. Now, these reforms will go a long way towards fixing our broken health care system. They will restore responsibility to the insurance market, and impose commonsense regulations, to ensure that every American can get a fair deal. Some of these provisions have already gone into effect. Others will take time to implement correctly. But as we move swiftly to translate this legislation into reality, we need to be mindful of those who would take advantage of this period of transition. Already, there are reports that some health insurance companies have drastically increased their rates, using our reform law as an excuse. I recently heard from Charles, a small business owner from Plano, IL, who reported that his employees will see their premiums go up by an average of almost 28 percent next year. And some folks will have to pay an arbitrary increase of 35 percent-- even though their benefits haven't changed yet. That is because a few big insurance companies have chosen to hike up their profits before our health reform law requires them to improve their services as well. Now, there is nothing wrong with making an honest buck.…”