Video archive of the US Congress

House Proceeding 10-08-09 on Oct 8th, 2009 :: 1:40:55 to 1:42:00
Total video length: 3 hours 23 minutes Stream Tools: Stream Overview | Edit Time

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Jim McDermott

1:40:51 to 1:41:11( Edit History Discussion )

Jim McDermott: is there some private insurance company offering a lower premium ? can you call up insurance companies and say, i don't like my insunce. it has more than doubled over the last 10 years and i want out. what happens then?

Jim McDermott

1:40:55 to 1:42:00( Edit History Discussion )
Speech By: Jim McDermott

Jim McDermott

1:41:12 to 1:41:32( Edit History Discussion )

Jim McDermott: mr. mcdermott: you're tough ut of luck. if you go into the individual market, you'll pay even more. if you're in a big group, you know, working for ford motor company or delco bat that way you get the risks spread over everybody, but if they're just looking at you, me

Jim McDermott

1:41:33 to 1:41:54( Edit History Discussion )

Jim McDermott: or the next guy, they're going to charge you a much higher premium for anything you have, any kind of pre-existing condition. so it's worst when you leave one of those groups. people stay in and try and scramble and try to make it. but every company has been shifting more and more costs onto the individual.

Jim McDermott

1:41:55 to 1:42:00( Edit History Discussion )

Jim McDermott: they used to pay in some companies 100%. now they pay 60% and 40% has to

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