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Can you please make a summary about Obama's health plan?
US President Barack Obama has unveiled his plan to overhaul the nation's health care system by providing cover for 31 million uninsured.
The proposals, which mould aspects from two bills that have passed Congress, have been published on the internet as promised 72 hours before a key 'summit' with Republican leaders who have sought to block passage and derail Obama's agenda.
The plan is widely seen as an attempt to transform his top priority health care plan from a political liability into a trump card to outwit Republicans who have built their resurgence on blanket opposition.
Obama aimed to tap into a new supply of political support arising from the recent decision by Anthem Blue Cross of California to raise premiums by as much as 39 per cent from March 1.
His plan on Monday proposes going further than the existing House and Senate bills and giving the federal government new powers to block what is deemed excessive rate increases by health insurance companies.
It grants the federal health and human services secretary the power to review and block such increases and calls for the creation of a new Health Insurance Rate Authority made up of health industry experts.
'The president's proposal strengthens this policy by ensuring that, if a rate increase is unreasonable and unjustified, health insurers must lower premiums, provide rebates, or take other actions to make premiums affordable.
'A new Health Insurance Rate Authority will be created to provide needed oversight at the federal level and help states determine how rate review will be enforced and monitor insurance market behaviour,' it said.
Obama claimed his reforms would reduce the US budget deficit 'by $US100 billion ($A111.1 billion) over the next 10 years - and about $US1 trillion ($A1.1 trillion) over the second decade - by cutting government overspending and reining in waste, fraud and abuse.'
Thursday's live, televised meeting at Blair House, across the street from the White House, could be Obama's last chance to pass the plan, which has stalled in Congress with painful consequences for his political authority.
The talks may also dictate battle lines for mid-term congressional elections in November and have deep implications for Obama's slowed presidency.
Obama may gain politically whichever way the meeting turns out, a factor that has some Republicans smelling a trap.
If his foes compromise on radically different versions of health care, the president will likely get the credit, and finally get his signature reform through Congress.
But if they simply block him, Obama can say Republicans thwarted the bipartisanship that voters across party lines tell pollsters they want to see.
Publication of the plan was a significant moment, with Obama finally taking ownership of the health reform legislation, as pundits have criticised him for allowing Democratic lawmakers to dictate the content of his plan.
'What the president is trying to do with the February 25 meeting is to reframe the issue, to show that he is working across party lines,' said Steven Smith, a professor at Washington University, St Louis.
Obama threw down the gauntlet to his foes at a town hall meeting on Friday in Las Vegas.
'The Republicans say they have got a better way of doing it. I want them to put it on the table... Show me what you got.'
Polls show health reform is not the top concern of most Americans in the aftermath of the economic crisis, with unemployment close to 10 per cent.
Republicans gained the power to thwart Obama's plans indefinitely last month by capturing a Massachusetts Senate seat to break the Democratic Party's 60-seat filibuster-proof majority.
They are now calling on the White House to shelve a bid to pass the health care legislation through 'reconciliation', a process used for budget and deficit bills that requires only 50 votes.
- 1 decade agoFavorite Answer
I don't think Albert Einstein could have understood it, let alone summarized that plan.Source(s): I tried to read it.
- emmerLv 45 years ago
there is not any Obama plan. There would have been if he stayed a senator. There are 2 plans, the homestead plan and the Senate plan. you may learn them interior the returned website of i think final Saturday's subject of the l. a. circumstances. the two plans are projected to fee $a million trillion over ten years. Now Barrack and Hillary suggested 40 seven million interior the U.S. have been without scientific wellbeing coverage, yet 17 million are interior the best 25% in earnings and 10 million are unlawful extraterrestrial beings. One plan leaves out 3% of the U.S. voters and the different leaves out 6% of the U.S. voters below sixty 5. So if there are 320 million voters, that still leaves 9.6 million voters to 19.2 million voters. upload returned the ten million unlawful extraterrestrial beings and that includes 19.6 to 29.2 million without coverage. particular there will be a tax on the middle type. the two costs assume that there will be $2 hundred billion in fines and $a hundred billion in cuts in Medicare and scientific (so a number of those above sixty 5 would be denied wellbeing care) to pay for this. the two Medicare and scientific are going to be working up significant deficits of their very own. the wealthy already pay over 80% of the U.S.'s earnings taxes and could be paying greater effective than $500 billion over 10 years in this application. After 10 years there will be much greater expenditures in this application and the final deficit which has grown very super. After there is not greater wealthy to suck dry, the only people left are the middle type.
- johntrottierLv 71 decade ago
Sounds like you have one
The question is - do you believe it?
I have yet to see a government health care program that did what it was said it was going to do at the price they said it was going to cost.
In every case since the "Great Society" of the 1960's, the price has been much higher, the benefit much less and the number of people covered fewer than planned for.
I see no reason the believe that this bill and this program will break that string of disappointments.