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Politics

President Barack Obama Weekly Address on 05-08-2010 – The Immediate Benefits of Health Reform

Barack Obama June 26, 2020 1


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In his weekly address, President Barack Obama highlighted the ways in which health reform is already holding insurance companies more accountable and giving consumers more control.  Implementing everything in the new law will not happen overnight.  But already, consumers are getting a break from unfair rate hikes and insurance companies will no longer drop coverage for people when the get sick.  Four million small businesses have been notified that they could be eligible for a health care tax cut this year.  Retirees will soon receive help if they fall into the prescription drug “donut hole.”  And, young adults will be able to stay on their parents’ plan until they are 26 years old. 

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