Political Quotes

“Thank you very much for yielding. And the gentleman has hit the nail on the head on this one. We want to encourage young folks to do the right thing and buy insurance. And in Maryland, our insurance was affordable for the young because we did allow appropriate risk to be priced. But the Federal Government--and by the way, we also had high-risk pools. Anyone with a preexisting condition in Maryland could not be turned away by the high-risk pool that was actually run by the State of Maryland. So we didn't have a problem with someone not being able to get insurance in the State of Maryland. But the Federal Government came in and fixed our problem in Maryland. Now, we didn't have one, but the result is going to be that all that risk that used to be in the high-risk pool which everybody paid a little bit for is now all on the backs of the person, the individual now going into that exchange to buy insurance. {time} 1530 Again, Mr. Speaker, a 150 percent increase in the cost of that policy for those young people just entering the workforce. These are the people who have big student loans if they've gone to college. They've got other costs. They've got the costs of raising a young family. And now, thanks to the Federal Government and to the President's Affordable Care Act, a 150 percent increase in the cost of their insurance.”