Pelosi Statement on Manager's Amendment to the Affordable Health Care for America Act

Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616

Washington, D.C. - Speaker Pelosi released the following statement this evening on the House filing a manager's amendment to HR 3962, the Affordable Health Care for America Act:

"Tonight, we have filed a manager's amendment to the Affordable Health Care for America Act, which is the next critical step toward comprehensive health insurance reform that ensures affordability for the middle class, provides security for our seniors, and protects our children's future by not adding to our deficit. Our bill covers 96 percent of Americans, makes coverage more affordable for all, and creates new consumer protections that will end discrimination by insurance companies against the sick and cap what Americans pay out-of-pocket.

"Building on the legislation House Democrats introduced last week, this manager's amendment includes these key improvements to the bill:

" providing $1 billion in new resources to states to rein in price gouging by insurance companies,

" excluding insurers who put profits over patients from an affordable marketplace that will serve tens of millions of Americans,

" expanding on the provision that removed insurance companies' anti-trust exemption and strengthening it to further promote competition and bring down costs for Americans; and

" expanding oversight to further prevent waste, fraud, and abuse.

"Americans are ready for comprehensive health insurance reform, and the House will soon act."

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To read the manager's amendment click here. The full text of the bill is available here.