A Quote by Lawrence Summers

The availability of private insurance provides tremendous insulation for millions of individuals. — © Lawrence Summers
The availability of private insurance provides tremendous insulation for millions of individuals.
The availability of private insurance provides tremendous insulation for millions of individuals
Gingrich first backed the concept in 1993, "I am for people, individuals - exactly like automobile insurance - individuals having health insurance and being required to have health insurance.
What is problematic about Obamacare is that it is killing millions of jobs in this country and has killed millions of jobs. It has forced millions of people into part time work. It has caused millions of people to lose their insurance, to lose their doctors, and to face skyrocketing insurance premiums. That is unacceptable.
The history of the welfare state is the history of public enterprise pushing out private organization. The impact was largely unintentional, but natural and inevitable. Higher taxes left individuals with less money to give; government's assumption of responsibility for providing welfare shriveled the perceived duty of individuals to respond to their neighbors' needs; and the availability of public programs gave recipients an alternative to private assistance, one which did not challenge recipients to reform their destructive behavior.
High-quality health care is not available to millions of Americans who don't have health insurance, or whose substandard plans provide minimum coverage. That's why the Affordable Care Act is so important. It provides quality health insurance to both the uninsured and underinsured.
Private choices are not private; they all have public consequences...Our society is the sum total of what millions of individuals do in their private lives. That sum total of private behavior has worldwide public consequences of enormous magnitude. There are no completely private choices.
All Democrats from Bernie to Biden will eliminate private insurance either outright or as a consequence of the public option crowding out private insurance.
I would not outlaw or eliminate private health insurance. But if we do a good enough job, with a robust public option, there really should not be as much of a need for private insurance in the market.
Today, Medicare provides health insurance to about 40 million seniors and disabled individuals each year. The number is only expected to grow as the baby boomers begin retiring.
The best thing that is happening with the health care is premiums will come down. We'll have tremendous competition; you know, we're getting rid of the border state lines, and we're going to have tremendous competition. We're going to have insurance companies fighting, like life insurance. You know, we - life insurance, you have these companies that are like - like going all over the place. We're going to have a tremendous - tremendously competitive market and health care costs are going to be forced down.
Health insurance costs in the United States are on an unsustainable path. I've heard from hundreds of Montanans who are paying thousands of dollars every year for their health insurance coverage and thousands more for deductibles before their insurance provides any benefit.
This legislation provides Medicaid eligibility to evacuees and residents in (Federal Emergency Management Agency) designated disaster counties, .. It also helps pay private health insurance premiums for those at risk for losing their coverage.
Soaring prescription drug costs have placed a tremendous strain on family budgets. They have also imposed a heavy burden on employers - both public and private - who are struggling to provide affordable health insurance coverage to their workers.
If we were to expand Medicaid, for every uninsured person we would cover, we'd kick more than one person out of private insurance or remove their opportunity to get private insurance. We're going to have too many people in the cart rather than pulling the cart.
They offered me millions and millions and millions of dollars to write books about Cary. That was between us. That was private. I'll always love him.
I think the federal flood insurance program is actuarially unsound and renders private insurance not viable, thereby needing an overhaul going forward.
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