Senate Proceeding on Nov 19th, 2009 :: 0:17:15 to 0:19:30
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0:17:12 to 0:17:32( Edit History Discussion )

Sherrod Brown: by c.b.o. numbers, and that's the important thing for people senator brown, i yield to you. mr. brown: we're als by senator reed of rhode island and senator merkley. they helped write the bill. it is these problems to be

0:17:15 to 0:19:30( Edit History Discussion )
Speech By: Sherrod Brown

0:17:33 to 0:17:54( Edit History Discussion )

Sherrod Brown: sure -- we know the aetna c.e.o. la year made $24 million. it's c.e.o.'s are paid so much, the top ten insurance companies in the company, the average c.e.o. is paid $11 million and each one 10 million in pay last year for each of the companies. it's not just the c.e.o.'s and

0:17:55 to 0:18:16( Edit History Discussion )

Sherrod Brown: executive salaries. it's their business model that gets them thr-fplt if you think about what's insurance companies. if you're ainsurance company you hire bureaucrats to keep people from buying insurance, to invoke preexisting condition so somebody can't get insurance or to put limits on coverage so people can't get insur and then they hire a bunch of

0:18:17 to 0:18:37( Edit History Discussion )

Sherrod Brown: bureaucrats on the other end to deny claims. 30% of cla when people get sick, they turn their claims in to their insurance company from hospitals, doctors, treatments, whatever. they turn the insurance company, 30% of them initially. they're appealed sometimes, and then they get reimbursement customer on

0:18:38 to 0:18:58( Edit History Discussion )

Sherrod Brown: insurance when somebody files a claim. the fact that they have to fight the insurance companies while they're sick anyway or while they're advocated indicate tporg thei indicate tporg their husband -- advocating for their husband or wife. this is based on denying care on preexisting condition based on squeezing profits from customers

0:18:59 to 0:19:20( Edit History Discussion )

Sherrod Brown: who see think of all the small businesses we know in rhode island and delaware and oregon, new mexico and arkansas, the presiding officer's state. the small businesses have come to us and say we can't afford our insurance anymore. we've had huge price spikes because one person in my company out of 30 employees gets sick.

0:19:21 to 0:19:33( Edit History Discussion )

Sherrod Brown: i don't care all that much about profits and care all that much about c.e.o. salaries. i think it's pretty immoral. but what i do care is they've based it on hurting people who have insurance or keeping