I rise today to speak to my colleagues about two items. First, I wish to congratulate the House on the passage last evening of H.R. 3103, the Health Coverage Availability and Affordability Act. For the first time in this Congress we have passed legislation which will provide for 25 million Americans at least accessibility, affordability, and accountability in health insurance. This legislation in its most pertinent parts provides portability. If you lose your job, you take the insurance with you. If you get a new job, you will take that insurance with you. It also makes sure that no matter what preexisting medical condition you may have, you still qualify for health insurance. It increases deductibility from 30 percent to 50 percent for the self-employed who provide health coverage for themselves and their employees. It will allow small businesses group coverage of insurance, will also provide medical savings accounts. I am very hopeful the Senate will agree. This legislation is forward-thinking and positive.
Editor's note · Context
Discussing the passage of the Health Coverage Availability and Affordability Act and its benefits.
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