By Charles Babington ASSOCIATED PRESS
WASHINGTON (AP) — President Barack Obama said Saturday that millions of Americans already are reaping benefits from the new health care law, including tax breaks for some small businesses and help for families with young adults.
In his weekly radio and Internet address, Obama vigorously defended the new law, which passed Congress with no Republican votes and continues to stir strong emotions nationwide. He acknowledged that many provisions will not take effect for years. But he said others are helping some families now.
Four million small business owners and organizations have been told of a possible health care tax cut this year, Obama said. On June 15, some elderly people with high prescription drug costs will receive $250 to help fill the so-called doughnut hole in Medicare’s pharmaceutical benefits.
“Already we are seeing a health care system that holds insurance companies more accountable and gives consumers more control,” the president said.
Obama said Anthem Blue Cross dropped a proposed 39 percent premium increase on Californians after his administration demanded an explanation. He said Health and Human Services Secretary Kathleen Sebelius wrote to all states “urging them to investigate other rate hikes and stop insurance companies from gaming the system.”
A new federal agency will provide grants to states with the best oversight programs, Obama said.
To read more, visit: http://www.washingtontimes.com/news/2010/may/08/obama-says-health-care-law-already-helps-millions/?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_politics-government
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