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Pelosi Announces Key Provision in Health Insurance Reform for Young Adults
Date:10/13/2009

is to start a business or to be a photographer or a writer, self-employed artist or whatever, but to do what they want to do without being confined by having to find a job that has health care benefits -- not a job that will invigorate the economy in a way that is different.

"Now with this legislation that takes them to their 27th birthday, we take them a long way down the path of some independence, some liberation to follow their aspirations right out of school. Then, of course, we have the full package with an exchange where health care will always be affordable to them. Where we will lower costs, improve quality, expand coverage and retain the choice -- if you like what you have you can keep it. As long as it would pass this legislation to keep the cost down, because the present system is not sustainable.

"I just want to recall that when I was listening to Krisja, I was thinking of young woman who testified from this very spot to all of you. She said that she was a young woman out of college and she was a "young invincible." She didn't think that she was ever going to be sick, but she thought that she would get a plan because she might break a leg snowboarding. And so she did. And low and behold, shortly thereafter she was diagnosed with cancer and she had a very high deductible and co-pay in the plan that a young person would take. And so now, until we can get a better situation for her, she has spent her credit cards to the hilt and she says she spends most of her time working in order to pay off her credit cards to pay off her medical expenses because she was young and invincible and didn't think she would need health care. But again, the high co-pay that young people are prone to assume because it has a lower premium. In any event, we want to correct all of that.

"Rock the Vote, Young Invincibles, and the Campus Progress, thank you. And so many organizations that are represented here for what you have done to help make the
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SOURCE Office of the Speaker of the House
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