For all of the months of debate over health insurance reform, one thing is beyond debate: for far too long, American health care has been on an unsustainable course. We have seen it in many families bankrupted, and many more paying greater amounts for less coverage each year. We have seen it in businesses rapidly dropping their employees’ expensive coverage. And we have seen it in a budget sent deeper and deeper into debt by the world’s most expensive health care system. This week, we voted to change that unsustainable course.
Passage of this bill means more control for consumers, and less for insurance companies. It ends discrimination against Americans with pre-existing conditions, and ends medical bankruptcy and caps on benefits. It guarantees coverage you can rely on whether you lose your job or become your own boss—coverage that reaches 94% of Americans.
Health insurance reform creates a free, competitive, transparent marketplace where individuals and small businesses can pool together to buy private insurance at low rates. It closes the prescription drug “donut hole” for seniors and makes coverage more affordable for the middle class.
Finally, health insurance reform is the biggest deficit-reducing measure since the Clinton budgets of the 1990s, which ushered in a budget surplus and historic prosperity. According to the nonpartisan Congressional Budget Office, the bill we passed saves America $143 billion over the first decade and more than $1 trillion over the decade to follow.
It is a bill that can stand beside Social Security and Medicare in its accomplishment for our families and our country. And it will create a more prosperous, more just future—a future we can be proud to hand our children.
As always, thank you for allowing me to share this update with you. If there is anything you wish to share with me or bring to my attention, please do not hesitate to contact my office.
With warmest regards, I am
Steny H. Hoyer
Hoyer: Health Care Security for All Americans is Now the Law Congressman Steny H. Hoyer joined President Obama at the White House today for the signing of the health care reform legislation that the House passed on Sunday, March 21. The new law will make health care more affordable for families and small business owners, reform insurance industry practices so consumers have more control over their health care, improve Medicare benefits and reduces the deficit. Read Release Read Text of Floor Speech on Night of House Vote
Hoyer: House Reaffirms, Strengthens Commitment to Veterans Veterans’ Health Care, Housing & Jobs Among Passed Measures Congressman Steny H. Hoyer applauded passage of a number of bills this week that strengthen the nation’s commitment to its veterans, military personnel and their families. Read Release
Hoyer Highlights Recovery Act Tax Cuts for Marylanders, All American Families Average Tax Refunds for 2009 already up 10% Rep. Hoyer encouraged all Marylanders in the Fifth District to take advantage of numerous tax cuts in the Recovery Act. With only half of taxpayers having filed thus far, tax refunds are already up nearly 10% from last year – thanks to a broad array of tax cuts in the Recovery Act. To find out what tax cuts you may qualify for, check the White House online tax calculator by clicking here. Read Release
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