Verizon CEO Touts Healthcare Reform
Verizon Communications CEO Ivan Seidenberg made his pitch Wednesday for revitalizing America’s healthcare system at the Senate Finance Committee’s first post-election hearing on healthcare reform. Seidenberg, who chairs Business Roundtable’s Consumer Health and Retirement Initiative, said "rampant cost increases in the medical system mean we’re paying more for less value." "Healthcare costs are inhibiting job creation and damaging our ability to compete in global markets," he added.
Business Roundtable’s health care policy plan has four pillars:
▪ Creating Greater Consumer Value in the health care marketplace by using health IT and empowering consumers with more information about good, quality healthcare.
▪ Providing More Affordable Health Insurance Options for All Americans by creating an open, all-inclusive private market for health insurance, replacing fragmented, state-by-state market with multi-state markets.
▪ Placing an Obligation on All Americans to Obtain Health Insurance, either through their employer or the private market. Americans would also be encouraged to participate in employer or community-based prevention and chronic care programs.
▪ Offering Health Coverage and Assistance to Low-Income, Uninsured Americans, creating a stable and secure public safety net.
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