Senator Hagan on Health Care Reform Law

WASHINGTON, D.C. – U.S. Senator Kay R. Hagan (D-NC) today commented after President Obama signed health care reform into law.

Sen. Hagan said:

“Today is an historic day for hardworking families in North Carolina and across the country. After decades of working to fix a broken health care system, President Obama today signed into law a reform bill that controls exploding costs, increases access to care and reduces our long-term deficit by as much as $1.2 trillion over 20 years.

“Our current health care spending is simply unsustainable, and North Carolina families need a common-sense solution. This law means insurance companies can no longer deny coverage because of a preexisting condition. It eliminates the prescription drug donut hole for 247,000 North Carolina seniors, and it offers 1.7 million North Carolinians who are currently uninsured access to a family doctor. More than 100,000 small businesses in our state soon will qualify for health care tax credits to provide employees with affordable health care.

“Within six months of enactment, North Carolina families will begin to see the first of many positive results – insurance companies will be prohibited from dropping coverage if you get sick, young adults up to age 26 can stay on their parents’ plans, and lifetime limits on health care coverage will be a problem of the past.”

INFORMATION FROM A NEWS RELEASE SENT TO THE WWAY NEWSCHANNEL 3 NEWSROOM.