UPDATED: The event has now ended. Check back later today for highlights.At 11:00 a.m. Eastern Time this morning, President Obama will speak on health insurance reform in Glenside, Pennsylvania.
Before the event begins, take a second to check out a new blog post from White House Communications Director Dan Pfeiffer, about more recent evidence that failure to pass reform is helping insurance companies while harming families and consumers:
The last few days have brought even more evidence that the health care status quo is working out great for the insurance companies – at the same time as it continues to fail American families and businesses. No wonder the insurance companies are spending millions and millions of dollars to block reform.On Wednesday, a leading insurance broker laid out in clear terms what many Americans could already guess: the insurers’ monopoly is so strong that they can continue to jack up rates as much as they like – even if it means losing customers – and their profits will continue to soar under the status quo.
The last few days have brought even more evidence that the health care status quo is working out great for the insurance companies – at the same time as it continues to fail American families and businesses. No wonder the insurance companies are spending millions and millions of dollars to block reform.
On Wednesday, a leading insurance broker laid out in clear terms what many Americans could already guess: the insurers’ monopoly is so strong that they can continue to jack up rates as much as they like – even if it means losing customers – and their profits will continue to soar under the status quo.
Read more here.
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