Political Quotes

“And what this does is provide an incentive for younger and healthier workers to purchase insurance outside of the employer's plan because those benefits will be taxed, leaving only the older and sicker workers in the employer's risk pool, which is going to raise costs not only for us as individuals but for employers. And that is the last thing we need to be doing. That is going in exactly the wrong direction, because ultimately the employer's insurance is going to become unaffordable as it is left with nothing but sicker people in the risk pool. And we need a more efficient system where we encourage people who are younger and healthier to participate in the same risk pools as everybody else, because right now if you are a small employer especially and one of your employees get sick, you get a phone call from the insurance company that says, You have two choices: we are either going to quadruple your premiums, or we are going to drop you entirely. And this plan that the President has proposed exacerbates that problem. It makes it worse, because now your benefits are taxed on top of having your premiums quadrupled.”