Pelosi, Democratic Leaders Remarks Today at News Conference on Legislative Accom...(have this new legislation and that it sh...),Health

Mr. Rangel doesn't ever have a problem promoting his message, as you well know. But certainly as we go out there with the President leading the way and with his commitment to universal health care for all Americans and us being a drumbeat, an echo chamber of that message, I think that you will see that change. We've been hard at work as you can see writing the legislation, building consensus in our Caucus as we convey a message and now we will be mostly focused on the message part. But the glory days are coming to an end to the health insurance industry in our country. I have said, their profits are obscene -- they have increased enormously over the past few years at the expense of America's consumers.

And that's why what's in it for the consumers in our bill is that no longer will an insurance company withhold insurance because of you have a preexisting medical condition. No longer can they pull back, resend your insurance if you get more ill. No longer will you lose your health insurance if you lose your job, change jobs, start a business, be self employed, you will still have health insurance. And think about what that means to the vitality of our economy so we can encourage entrepreneurship while people have the confidence that they will have health insurance and can take more risks.

There will be a cap on what you pay to the insurance companies each year, but no cap on the benefits that you receive. Do you know anybody who has cancer? Do you know any people with disabilities, with diabetes and the rest? They will not have a cap on the benefits they receive and this makes all the difference in the world in their health and their economic security.

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