Obama Offers Health Care Plan

This is not who we are. And this is not who we have to be.

Lane was diagnosed with cancer when he was twenty-one years old. He lost a lung, a leg bone and part of a hip. Seventeen years later, he is cancer-free, but the cost of health insurance for him, his wife and his three kids is now over $1,000 per month. Their family's premiums keep rising hundreds of dollars every year, and as hard as they look, they simply cannot find another provider that will insure them. link

In the past few months, I've heard stories like Amy's at town halls we've held in New Hampshire, and here in Iowa, and all across the country. Stories from people who are hanging on by a thread because of the stack of medical bills they can't pay. People who don't know where else to turn for help, but who do know that when it comes to health care, we have talked, tinkered, and let this crisis fester for decades. People who watch as every year, candidates offer up detailed health care plans with great fanfare and promise, only to see them crushed under the weight of Washington politics and drug and insurance industry lobbying once the campaign is over.

Well this cannot be one of those years. We have reached a point in this country where the rising cost of health care has put too many families and businesses on a collision course with financial ruin and left too many without coverage at all; a course that Democrats and Republicans, small business owners and CEOs have all come to agree is not sustainable or acceptable any longer.
We often hear the statistic that there are 45 million uninsured Americans. But the biggest reason why they don't have insurance is the same reason why those who do have it are struggling to pay their medical bills – it's just too expensive.
Health care premiums have risen nearly 90% in the past six years. That's four times faster than wages have gone up. Like the Chicos family, nearly half of all Iowans have said that they've had to cut back on food and heating expenses because of high health care costs. 11 million insured Americans spent more than a quarter of their salary on health care last year. And over half of all personal bankruptcies are now caused by medical bills.

It would be one thing if all this money we spend on premiums and co-payments and deductibles went directly towards making us healthier and improving the quality of our care.
But it doesn't. One out of every four dollars we spend on health care is swallowed up by administrative costs – on needless paperwork and antiquated record-keeping that belongs in the last century. This failure to update the way our doctors and hospitals store and share information also leads to costly errors. Each year, 100,000 Americans die due to medical errors and we lose $100 billion because of prescription drug errors alone.

It's a goal I believe we can achieve on a national level with the health care plan I'm outlining today. The very first promise I made on this campaign was that as president, I will sign a universal health care plan into law by the end of my first term in office. Today I want to lay out the details of that plan – a plan that not only guarantees coverage for every American, but also brings down the cost of health care and reduces every family's premiums by as much as $2500. This second part is important because, in the end, coverage without cost containment will only shift our burdens, not relieve them. So we will take steps to remove the waste and inefficiency from the system so we can bring down costs and improve the quality of our care while we're at it.
My plan begins by covering every American. (...)

NYTimes- Remarks of Senator Barack Obama . The following is the prepared text of Senator Obama's speech on health care, as provided by his campaign