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Good afternoon,
Over the past few years, many Americans have seen their health insurance premiums skyrocket, while the quality of their health care declined. One of the reasons I pushed so hard to pass health care reform this year was to make sure that American consumers get what they pay for when it comes to their health care.
Today, we're launching a new provision of the Affordable Care Act that does exactly that. Next year, insurance companies will be required to spend at least 80 percent of the health insurance premiums you pay on your health care, instead of overhead costs like advertising and executive compensation. If they don't, they will be required to give you a rebate or cut your premiums starting in 2012.
I asked Nancy-Ann DeParle, the Director of the Office of Health Reform here at the White House, to break down what this means for you and why it's so important:
This new rules will make our health care marketplace more transparent and ensure you get the best value for your premium dollars. And it is just one of the many parts of the Affordable Care Act that are already making our health care system stronger. Here are just a few ways the Affordable Care Act is helping you and your family:
- HealthCare.gov. This new website helps you find private health insurance coverage that's right for you and your family and now allows you to compare pricing for the options available to you. In 2014, there will be many more affordable private plan choices.
- Patient's Bill of Rights. Insurance companies can no longer place lifetime limits on your care. If you're a young adult under the age of 26, you can stay on your parents' plan, and if your child has a pre-existing condition, insurance companies can't deny his or her coverage.
- Pre-Existing Condition Insurance Plan. If you have a pre-existing condition and are having a problem finding coverage, the Affordable Care Act created a special insurance plan just for you.
- Help for Small Businesses. If you're a small business owner, you may be eligible for tax credits to help provide insurance for your employees.
- Free Preventive Care. If you're purchasing a new plan, you’ll get preventive care like cancer screenings, well-baby and well-child check-ups, and blood pressure or diabetes tests for free.
These aren't just talking points. These changes are saving people’s lives and saving you money, and we will continue our work to implement this landmark law and make our health care system better for all of us.
Sincerely,
President Barack Obama
P.S. Nancy-Ann's video follows a few others from the Chairman of the Council of Economic Advisers, Austan Goolsbee, who explains some important economic policies. You can see them all here:
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This email was sent to hebrew.king@ymail.com
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Tuesday Nov. 23, 2010 |
Tuesday Talk:
Health Care Reform with Nancy-Ann DeParle
Nancy-Ann DeParle,
Director of the White House Office of Health Reform, will be answering your
questions on health reform implementation in a live video chat today at 2:15
p.m. EST.
Submit
your questions and watch live.
First Lady Michelle
Obama joins students for a Let's Move! Salad Bars to Schools launch event at
Riverside Elementary School in Miami, Fla., Nov. 22, 2010. (Official White
House Photo by Chuck Kennedy)
In Case You Missed
It
Read what leaders are saying about the new medical loss ratio rules that give
consumers more value for their health care premium dollar.
White
House White Board: Your Health Care Dollars
Nancy-Ann DeParle, Director of the Office of Health Reform at the White House,
explains a new provision of the Affordable Care Act in the latest edition of
the White House White Board video series.
The
Return of First Question
Press Secretary Robert Gibbs takes questions from Twitter on Don't Ask Don't
Tell and the New START Treaty as part of our ongoing "First Question"
series.
Today's Schedule
Today the President
and the Vice President will travel to Kokomo, Indiana as part of the White
House to Main Street tour. In the afternoon, they will visit the Chrysler
Indiana Transmission Plant II where they will take a tour, greet plant workers,
and deliver brief remarks.
All times are
Eastern Standard Time.
9:15 AM: The President receives the Presidential Daily
Briefing
9:55 AM: The President departs the White House en route
Andrews Air Force Base
10:10 AM: The President departs Andrews Air Force
Base en route Peru, Indiana
11:45 AM: The President arrives in Peru, Indiana
1:20 PM: The President and the Vice President tour the
Chrysler Indiana Transmission Plant II in Kokomo, Indiana
1:35 PM: The President and the Vice President
deliver remarks to workers
2:15 PM: Tuesday Talks: Nancy-Ann DeParle
3:45 PM: The President departs Peru, Indiana en route
Andrews Air Force Base
5:10 PM: The President arrives at Andrews Air Force
Base
5:25 PM: The President arrives at the White House
Indicates Events that will be livestreamed
on WhiteHouse.gov/live.
This email was sent to hebrew.king@ymail.com
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Wednesday Nov. 24, 2010 |
Live Stream:
President Obama Pardons the National Thanksgiving Turkey
Today, President
Obama will pardon the National Thanksgiving Turkey in a ceremony in the Rose
Garden, celebrating the 63rd anniversary of the National Thanksgiving Turkey
presentation.
Watch
live at 10:30 a.m EST.
President Barack
Obama is briefed on the situation on the Korean peninsula in the White House
Situation Room, Nov. 23, 2010. (Official White House Photo by Pete Souza)
In Case You Missed
It
The Vice President and the President visit Kokomo, Indiana to see a town that
exemplifies to comeback story of the American auto industry.
Jack Lew, the new Director of OMB, reflects on his first week in the office and
the challenges ahead with the 2012 Budget.
Chris Lu, Assistant to the President and Cabinet Secretary, highlights recent
announcements from around the Administration that are helping to build a clean
energy economy.
Today's Schedule
All times are
Eastern Standard Time.
9:30 AM: The President receives the Presidential Daily
Briefing
10:30 AM: The President pardons the National Thanksgiving
Turkey
11:30 AM: The President meets with Secretary of
Defense Gates
4:20 PM: The First Family participates in a service event
Indicates Events that will be livestreamed
on WhiteHouse.gov/live.
This email was sent to hebrew.king@ymail.com
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Good afternoon,
Thanksgiving is a great opportunity to come together with family and friends to give thanks for all the blessings in our lives. It's also an important time to be thankful for our men and women in uniform and their families who risk everything so that we can be safe and free. And we must also remember those in our community who are in need of our help and support -- especially during these tough economic times.
In our family, we have a tradition: Every year on the day before Thanksgiving, we take some time as a family to help out people in our community who are in need. Today, we're handing out turkeys, stuffing, pumpkin pies and all the Thanksgiving fixings with our friends and family at Martha's Table, a local non-profit organization.
This Thanksgiving, I encourage all Americans to find a way to give back -- and maybe even start a family tradition of your own. Whether you volunteer at a local soup kitchen, visit the elderly at a nursing home or reach out to a neighbor or friend who comes from a military family, there are plenty of ways to get involved in your community.
If you're not sure how to get started, visit Serve.gov.
President Obama and I wish you and your family a very happy and safe Thanksgiving.
Sincerely,
Michelle Obama
First Lady of the United States
This email was sent
to hebrew.king@ymail.com
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