This afternoon, President Obama will be making a major announcement: health care industry leaders are agreeing to take steps that could save the country $2 trillion over the next 10 years.
The coalition taking this action represents union members, insurance companies, doctors, hospitals and pharmaceutical companies, and they have agreed to reduce the annual health care spending growth rate by 1.5 percentage points for the next 10 years.
This is big news for our country and for families who are struggling with the high cost of health care. The steps these organizations have agreed to take, combined with comprehensive health care reform, could result in savings of roughly $2,500 for American families.
The President will be speaking today about this important step forward, and you can watch his remarks live at 12:30 PM EDT on www.HealthReform.gov. While you’re there, be sure to sign the statement of support for comprehensive reform and encourage your friends and colleagues to visit the site.