Video archive of the US Congress

House Proceeding 07-15-09 on Jul 15th, 2009 :: 4:14:50 to 4:17:40
Total video length: 5 hours 23 minutes Stream Tools: Stream Overview | Edit Time

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Chris Murphy

4:14:46 to 4:15:06( Edit History Discussion )

Chris Murphy: enhance the productivity, and the health of our citizens. mr. murphy: there ryan, there are a the lot of rlly great mpanies out there who have figured this out. i think of a company in my state, pit any bows -- pit knee bows, who has -- pitneybowes

Chris Murphy

4:14:50 to 4:17:40( Edit History Discussion )
Speech By: Chris Murphy

Chris Murphy

4:15:07 to 4:15:30( Edit History Discussion )

Chris Murphy: figured out how much productivity they were losing because they had a health care plan somebody else was administering out there that had a financial incentive to deny care. so they decided that they were going to take on their health care plan themselves. that they were going to put health care clinics in their facilities. they were going to put health care close to their employees. they were going to give rewards

Chris Murphy

4:15:31 to 4:15:51( Edit History Discussion )

Chris Murphy: to employees that worked out, that invested themselves in keeping themselves healthy. there are companies out there that have figured out really great models to provide better health care, more immediate on site care for their employees and they have benefited not just

Chris Murphy

4:15:52 to 4:16:12( Edit History Discussion )

Chris Murphy: because they feel good about keeping their employees healthy, but because their bottom line has been strengtheneby the fact that their employees are healthier, showing up for work more often, and ready to produce and ready to compete. you mentioned the fact that this health care system is going to bankrupt this economy. right now we are spending 70% of

Chris Murphy

4:16:13 to 4:16:33( Edit History Discussion )

Chris Murphy: our g.d.p. on health care and economists are telling us in the not so distant future one out of every $3 we are spending in this country will be on health care. that's unsustainable. on a local level this is personal bankruptcies, too. we think of bankruptcy in this country as being somebody that went out there and bought too many snake oil securities or

Chris Murphy

4:16:34 to 4:16:58( Edit History Discussion )

Chris Murphy: made a real bad bet in a real estate investment and all of a sudden they have gone belly up. no, mr. ryan. you know this. half of the bankruptcies in this country, half of the families that have to go into bankruptcy, do so because they had an unexpected medical cost.

Chris Murphy

4:16:59 to 4:17:19( Edit History Discussion )

Chris Murphy: a cancer or a term nibble disease that bankrupt their lives. families devastated through no fault of their own because they gosick and either didn't have insurance or they had insurance that wouldn't cover the full extent of the illness. dirty little secret out there is a lot of insurance plans, you may not know this because it's in the fine fine print, have a lifetime limit on the amount of

Chris Murphy

4:17:20 to 4:17:40( Edit History Discussion )

Chris Murphy: money they spend on you. you are ok until you get really sick. for that 1% or 2% of people that are spending millions of dollars on their care over their lifetime, your insurance runs out even if you think that you have it. this is about individual people whose lives are shattered, shattered by having expses that they can't control.

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