Health Insurance Crisis

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Eight years ago, America faced a moment of peril unlike any we’d seen in decades. A spiraling financial crisis threatened to plunge an economy in recession into a deep depression. The very heartbeat of American manufacturing – the American auto industry – was on the brink of collapse. In some communities, nearly one in five Americans were out of work. Nearly 180,000 American troops were serving in harm’s way in Iraq and Afghanistan, and the mastermind of the worst terror attack on American soil remained at large. And on challenges from health care to climate change, we’d been kicking the can down the road for way too long. But in the depths of that winter, on January 20, 2009, I stood before you and swore a sacred oath. I told you …show more content…

Another three million children have gained health insurance. For the first time ever, more than ninety percent of Americans are insured – the highest rate ever. We’ve seen the slowest growth in the price of health care in fifty years, along with improvements in patient safety that have prevented an estimated 87,000 deaths. Every American with insurance is covered by the strongest set of consumer protections in history – a true Patients’ Bill of Rights – and free from the fear that illness or accident will derail your dreams, because America is now a place where discrimination against preexisting conditions is a relic of the past. And the new health insurance marketplace means that if you lose your job, change your job, or start that new business, you’ll finally be able to purchase quality, affordable care and the security and peace of mind that comes with it – and that’s one reason why entrepreneurship is growing for the second straight …show more content…

Plots have been disrupted. Terrorists like Osama bin Laden have been taken off the battlefield. We’ve drawn down from nearly 180,000 troops in harm’s way in Iraq and Afghanistan to just 15,000. With a coalition of more than 70 nations and a relentless campaign of more than 16,000 airstrikes so far, we are breaking the back of ISIL and taking away its safe havens, and we’ve accomplished this at a cost of $10 billion over two years – the same amount that we spent in one month at the height of the Iraq

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