On Thursday, President Barack Obama held a White House summit on health care reform. At the summit, President Obama made his intentions clear that an overhaul of the nation’s healthcare system should be completed by the end of this year. The President addressed a room full of lawmakers, healthcare providers, labor unions, and journalists calling healthcare reform a “fiscal imperative” vital to restoring the nation’s economic status.
In his opening address, the President detailed that the purpose of the summit was to determine how to improve quality of care and access to care in an inclusive and transparent manner. He specifically noted that American small businesses are struggling to insure their employees and large corporations are battling to compete with overseas entities. He also expressed the fact that Medicare costs are a substantial burden on the federal budget and Medicaid expenses are consuming much of the states’ budgets.
The President addressed the need for an investment in reform that will lower costs, create jobs, and help to erase our nation’s deficit in the long term.
Peter Thomas of Powers, Pyles, Sutter and Verville PC attended the White House summit as a representative of the Consortium for Citizens with Disability’s (CCD) Health Task Force, of which BIAA is a member.