At the meeting, President Obama spoke to the insurance companies on keeping insurance rates and lower premiums while reforming health care is implemented. During Obama's speech pointed out that the reform of health care will not be an excuse for health insurance companies to raise rates and that the government will regulate the rate increases with CNN .
He also mentioned that the states that impose tougher restrictions on rate hikes will receive federal subsidies. And any rate increase by health insurers should be published online and on a government website.
President Obama then spoke of working with insurers on reform. He said that the new regulations are not punitive to health insurance companies, but the law is
The provisions of the reform that President Obama hit the included "looking for the consumer . US "
- Ensuring children with pre-existing conditions health insurance coverage;
- churn prevention for people who make "honest mistakes" during the application of the hedge;
- Allowing children to stay on health insurance plans of their parents until the age of 26, and;
- Prohibit the lifetime and annual limits on consumer policies.
The speech did not touch on some of the most contentious parts of the reform, but focused on the more positive pieces of legislation.
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