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Health Care Reform

BARACK OBAMA AND JOE BIDEN’S PLAN TO LOWER HEALTH CARE COSTS
AND ENSURE AFFORDABLE, ACCESSIBLE HEALTH COVERAGE FOR ALL

Health care costs are skyrocketing. Health insurance premiums have doubled in the last 8 years, rising 3.7
times faster than wages in the past 8 years, and increasing co-pays and deductibles threaten access to care.1
Many insurance plans cover only a limited number of doctors’ visits or hospital days, exposing families to
unlimited financial liability. Over half of all personal bankruptcies today are caused by medical bills.2 Lack of
affordable health care is compounded by serious flaws in our health care delivery system. About 100,000
Americans die from medical errors in hospitals every year.3 One-quarter of all medical spending goes to
administrative and overhead costs, and reliance on antiquated paper-based record and information systems
needlessly increases these costs.4

Tens of millions of Americans are uninsured because of rising costs. Over 45 million Americans5—
including over 8 million children6—lack health insurance. Eighty percent of the uninsured are in working
families.7 Even those with health coverage are struggling to cope with soaring medical costs. Skyrocketing
health care costs are making it increasingly difficult for employers, particularly small businesses, to provide
health insurance to their employees.

Underinvestment in prevention and public health. Too many Americans go without high-value preventive
services, such as cancer screening and immunizations to protect against flu or pneumonia. The nation faces
epidemics of obesity and chronic diseases as well as new threats of pandemic flu and bioterrorism. Yet despite
all of this less than 4 cents of every health care dollar is spent on prevention and public health.8 Our health care
system has become a disease care system, and the time for change is well overdue.

OBAMA-BIDEN PLAN TO PROVIDE AFFORDABLE, ACCESSIBLE HEALTH CARE TO ALL

Barack Obama and...