The PROBLEMS

Previous System

1. Insurance companies were able to take advantage of consumers, especially the 129 million Americans with pre-existing conditions.

Signed Into Law: March 23rd, 2010

2. Insurance premiums more than doubled over the last decade, therefore insurance company profits were soaring while the average American was feeling a greater financial burden.

3. Tens of millions were underinsured, which means they had inadequate insurance coverage that can lead to further economic loss to the policy holder.

4. 50 million Americans had no insurance at all.

Living Without Insurance

Without insurance, many avoid care for fear of medical bills. This is a downward spiral that leads to ultimately higher health care costs for all of us.

When an uninsured person is in crisis and cannot pay, that burden falls upon the insured population, the hospitals, the doctors and the government. And these billions of dollars of "uncompensated care" drive up health insurance premiums for everyone.