Insurance rebates coming to some customers

President Barack Obama made a statement at the White House minutes after presidential candidate Mitt Romney vowed to defeat him in November so he could repeal the Affordable Care Act, even though it has been deemed constitutional by the Supreme Court. Romney claims that it is still unfair to "tax" citizens for healthcare.

Instead, Obama said we should move forward, implement and improve healthcare, and not fight old battles.

Obama added that some insurance companies would be issuing rebates to some customers because of bonuses given to insurance executives that hiked up rates.  

He said that 250 million people will keep their present health insurance, but there would be no lifetime care caps or dropped coverages because of urgent medical conditions, and insurance companies would be required to deliver free preventative care. He said that dependents under 26 years old could remain on their parent's insurance plans, seniors would continue to receive prescription drug discounts, and states will come up with options to deliver affordable health care exchanges in 2014.

Obama said the Supreme Court ruling puts an end to discrimination against citizens who have pre-existing conditions and will give credits to help pay for premiums which may be unaffordable for some people. He said that by 2014, an additional 30 million people will become insured. This means that both citizens and insurance companies could win because of this decision.

"People who can afford it should pay for it!" Obama said. He said his entire focus on healthcare reform was "on it being good for the country" and for Americans. He mentioned thinking about Natoma Canfield, cancer victim, who had to surrender her health insurance. He said that Americans will "not have to hang their fortunes on chance" when it comes to healthcare.

"The highest court in the land has now spoke." Obama says now we must get America back to work. He said he was proud that "we had the courage to but this law into place."

SIDEBAR: During Obama's 2008 presidential campaign, he mentioned continuously how his mother, Ann Dunham, had to battle with insurance companies while she was dying from uterine cancer. Dunham surcumbed to the disease in 1995 at the age 52.
 ©2012 Tomi Johnson. All rights reserved.