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House Proceeding on Oct 27th, 2009 :: 0:10:10 to 0:15:05
Total video length: 26 minutes Stream Tools: Stream Overview | Edit Time

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Virginia Foxx

0:10:08 to 0:10:31( Edit History Discussion )

Virginia Foxx: to americans for decades to come making our communities more livable and our families sa economically secure. the speaker pro tempore: the gentleman yields. the chair recognizes the gentlewoman from north carolina, ms. foxx, for five minutes.

Virginia Foxx

0:10:10 to 0:15:05( Edit History Discussion )
Speech By: Virginia Foxx

Virginia Foxx

0:10:34 to 0:10:56( Edit History Discussion )

Virginia Foxx: masp does aarp get a free pass in the ongoing health care reform debate? speaker pelosi recently called insurance companieimmora villians, and senator jay rockefeller said it is repatience.

Virginia Foxx

0:10:57 to 0:11:17( Edit History Discussion )

Virginia Foxx: yet, the majority has simultaneously relied on an organization that has received billions of dollars from windfall profits from those same insurers as an quote, independent, end quote source to take over aarp. the democratic majority has relied on aarp's support for

Virginia Foxx

0:11:18 to 0:11:38( Edit History Discussion )

Virginia Foxx: legislation, s. 1776, that would increase the federal debt by nearly $250 billion to fund physician reimbursements. even though the bill would raise seniors' medicare premiums by over $60 billion. aarp opposed for unpaid for legislation as recently as december for the resame

Virginia Foxx

0:11:39 to 0:12:00( Edit History Discussion )

Virginia Foxx: reason it provides evidence why aarp may have changed its position. in exchange for its support of a government takeover of health care, aarp has received special consideration regarding several provisions in health reform legislation that could benefit the organization quite handsomely.

Virginia Foxx

0:12:01 to 0:12:21( Edit History Discussion )

Virginia Foxx: while the aarp website says the organition supports, quote, guaranteeinthat all individuals and groups wishing to purchase or renew coverage could do so regardless of age or pre-existing conditions, a review of the new york state insurance commissioner's website says that it imposes a six-month waiting period for individuals with pre-existing

Virginia Foxx

0:12:22 to 0:12:42( Edit History Discussion )

Virginia Foxx: conditions. yet, section 111 of h.r. 3200 would exempt medigap on pre-existing conditions. thus, allowing aarp to deny medigap claims for people with serious health conditions.

Virginia Foxx

0:12:43 to 0:13:05( Edit History Discussion )

Virginia Foxx: the bill would eliminate the tax deductibility for all executive company salaries over $500,000. however, as drafted by the committee, the legislation would exempt aarp from this requirement even though fully 38% of its 1.1 billion dollars in 2008 revenue came directly from royalty fees paid by united health care.

Virginia Foxx

0:13:06 to 0:13:27( Edit History Discussion )

Virginia Foxx: more than aarp received in membership deuce, prive contributions combined. but for chairman bacaus exemption, aarp salaries would be subject to penalties in the finance bill. in 2008, then c.e.o. william novelli received total

Virginia Foxx

0:13:32 to 0:13:52( Edit History Discussion )

Virginia Foxx: compensation of $1,,000,508, more than the annual benefit of $12,708. according to a story published today in "the washington post," aarp collected $650 million in royalties from the sale of insurance policies, credit cards and other products that secure the aarp name. one of the main products today

Virginia Foxx

0:13:53 to 0:14:13( Edit History Discussion )

Virginia Foxx: aarp pushes are so-called m, digap insurance policies for senior citizens. this supplemt existing policies that seors already have. so what's the big deal? in case you missed it, aarp is helping push the democrats' health care reform. they've been a vocal opponent of the health care proposals

Virginia Foxx

0:14:14 to 0:14:35( Edit History Discussion )

Virginia Foxx: before congress. interestingly, the proposal before congress slashed funding for a medicare program called medicare advantage. this program is especially popular for seniors in my district. about 40,000 seniorsn my district enjoy t benefits of a medicare advantage plan, but these plans would be killed off under the democrats' government takeover of health care, and

Virginia Foxx

0:14:36 to 0:14:56( Edit History Discussion )

Virginia Foxx: aarp has been pushing this brand of health care reform. aarp has the right to offer services to its members, but pushing for a version of health care reform that will hurt millions of seniors who have medicare advantage plans and will almost certainly increase shar of medigap policies is a very dangerous conflict of

Virginia Foxx

0:14:57 to 0:15:06( Edit History Discussion )

Virginia Foxx: interest. aarp has hundreds of millions of dollars in insurance revenue on the line in today's health care debate. i think america's seniors deserve to know the facts about

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