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

lly had a conversation with Peter Orszag late last week and they're trying to figure out exactly what that component would be too. But as you can see, it stands to reason that it will reduce the overall cost because it will mean less affordability credits as we said. Young people are the largest uninsured group -- young adults. So to the extent that you're able to keep them on their parent's insurance policies longer, it means that they're not going to be as much a part of the affordability credits.

If I could just say one word, Madam Speaker, on the public option and the fact that the most recent polling shows that large percentages of Americans support it. We stood here some time ago and said that the more the American people understand how the public option operates, the more support it will have. And that is exactly what is happening because people understand it expands choice and it increases competition and the only people out there it seems to me who have a strong argument against the public option are those that do not want to see quite as much competition. And so...

Speaker Pelosi: The insurance companies.

Congressman Van Hollen: The insurance companies. So the public -- I think what you're seeing as the Speaker said, the public gets it, they're supporting it, and I think the support here in Congress will follow.

Speaker Pelosi: Thank you all very much.

SOURCE Office of the Speaker of the House


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SOURCE Office of the Speaker of the House
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