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House Proceeding 02-24-10 on Feb 24th, 2010 :: 0:27:25 to 0:30:30
Total video length: 2 hours 47 minutes Stream Tools: Stream Overview | Edit Time

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Hank Johnson

0:27:24 to 0:27:44( Edit History Discussion )

Hank Johnson: magistrate in the courts, subcommittee chair, hank johnson, for three minutes. the speaker pro tempore: the gentleman from georgia is recognized for three minutes. mr. johnson: thank you, mr. chairman. madam speaker, last week i was shocked to learn that in the middle of the great recession,

Hank Johnson

0:27:25 to 0:30:30( Edit History Discussion )
Speech By: Hank Johnson

Hank Johnson

0:27:45 to 0:28:10( Edit History Discussion )

Hank Johnson: which was caused by the deregulation, hands off policies of the prior administration, and doing this time when families across my district and across the nation are struggling with rising un employment, and while health insurance companies have

Hank Johnson

0:28:11 to 0:28:31( Edit History Discussion )

Hank Johnson: recently announced that last year was the best year on record as far as profits are concerned, $12 billion last year in profits for the insurance industry, and while that's the case, they are

Hank Johnson

0:28:32 to 0:28:52( Edit History Discussion )

Hank Johnson: announcing plans to rise -- raise insurance premiums by 40%. . during this time of hurt and in pain and also making money by the insurance industry off these

Hank Johnson

0:28:53 to 0:29:15( Edit History Discussion )

Hank Johnson: people who are hurting and in pain we are considering today removing the anti-trust exemption that insurance ompanies have ignored or have enjoyed for over 60 years.

Hank Johnson

0:29:16 to 0:29:36( Edit History Discussion )

Hank Johnson: and it's time for this protection from an immunity from anti-trust laws and this anti-competitive behavior, it's time for it to come to an en. this insurance industry which delivers health care to the people has been broken for a long time.

Hank Johnson

0:29:37 to 0:29:57( Edit History Discussion )

Hank Johnson: we all know it and it's time to change it and this is a good place to change it. it will helpith competition if we pass this law today. that will happen only if we start applying anti-competitive, anti-trust legislation to the

Hank Johnson

0:29:58 to 0:30:19( Edit History Discussion )

Hank Johnson: insurance industry, just simply no reason why they should continue to benefit from it. don't listen as the health insurance industry tries to tell you that they can't live under the anti-trust laws, every other industry does. it's high time that they do, too. consumers will benefit, the

Hank Johnson

0:30:20 to 0:30:30( Edit History Discussion )

Hank Johnson: economy would benefit and health insurers who want to compete honestly will, too. let's give struggling american families an honest health

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