Monday, March 15, 2010

Obama's Interview With Jake Tapper March 15

Obama read Natoma's letter to insurance execs
TAPPER: What would the bill do for Natoma?

OBAMA: Well what would have happened is that Natoma would have been able to be part of this exchange, this marketplace that gave her a choice of plans just like members of Congress have but, because she’d be a part of a million people who are in a pool, her rates would be lowered and so you wouldn’t have seen her being put into a choice where she’s got to chose between her house or her healthcare. And that’s true for self employed, for small businesses, for individuals all across the country.

JAKE: But if the bill, let’s say the bill passes this week and it becomes the law of the land, how does it affect her?

OBAMA: Well what would happen now, is obviously with a preexisting condition, she’d have even more trouble getting health insurance now, in fact she probably couldn’t even get the old policy, even if she was willing to pay for it at these higher rates. But now because of the rules insurance companies would have to take people with preexisting conditions and that would help folks, obviously, in Natoma’s position. Read the rest