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Obama to unveil new health plan Obama to unveil new health plan
(10 minutes later)
US President Barack Obama is to unveil new proposals to advance legislation to overhaul the US healthcare system.US President Barack Obama is to unveil new proposals to advance legislation to overhaul the US healthcare system.
One of the key proposals is expected to give the US government new power to block health insurers from imposing excessive premium increases.One of the key proposals is expected to give the US government new power to block health insurers from imposing excessive premium increases.
Mr Obama has made healthcare reform a centrepiece of his presidency, but has so far failed to get a new law passed.Mr Obama has made healthcare reform a centrepiece of his presidency, but has so far failed to get a new law passed.
On Thursday, Mr Obama is to hold televised, bipartisan talks at the White House to discuss the issue.On Thursday, Mr Obama is to hold televised, bipartisan talks at the White House to discuss the issue.
The insurance rate proposal would give the federal Health and Human Services Department - in conjunction with state authorities - the power to deny substantial premium increases, limit them, or demand rebates for consumers, a White House official said ahead of the proposals' release.The insurance rate proposal would give the federal Health and Human Services Department - in conjunction with state authorities - the power to deny substantial premium increases, limit them, or demand rebates for consumers, a White House official said ahead of the proposals' release.
I ask members of both parties to seek common ground in an effort to solve a problem that's been with us for generations Barack Obama Q&A: US healthcare reform Heath bills: House v Senate
Mr Obama's latest plan is expected to require most Americans to carry health insurance coverage, with federal subsidies to help many afford the premiums.Mr Obama's latest plan is expected to require most Americans to carry health insurance coverage, with federal subsidies to help many afford the premiums.
It would bar insurance companies from denying coverage to people with existing medical problems or charging them more.It would bar insurance companies from denying coverage to people with existing medical problems or charging them more.
A tax on high-cost health insurance plans objected to by House Democrats - and trade unions - would be scaled back.A tax on high-cost health insurance plans objected to by House Democrats - and trade unions - would be scaled back.
The White House is to release details of the plan on its website later on Monday.The White House is to release details of the plan on its website later on Monday.
Bitter debateBitter debate
The Democrats' loss of a Senate seat in Massachusetts to Republican Scott Brown in January deprived them of their filibuster-proof 60-seat majority in the Senate, although they still control both houses.The Democrats' loss of a Senate seat in Massachusetts to Republican Scott Brown in January deprived them of their filibuster-proof 60-seat majority in the Senate, although they still control both houses.
Thursday's debate is seen as a key moment in Mr Obama's bid to pass new legislation, and comes after months of often bitterly-contested congressional debates.Thursday's debate is seen as a key moment in Mr Obama's bid to pass new legislation, and comes after months of often bitterly-contested congressional debates.
Mr Obama referred to the talks in his weekly radio address on Saturday, saying: "I don't want to see this meeting turn into political theatre, with each side simply reciting talking points and trying to score political points.
"Instead, I ask members of both parties to seek common ground in an effort to solve a problem that's been with us for generations."
The House of Representatives and the Senate adopted different versions of the bill at the end of last year, and they must now be combined into a single bill Mr Obama can sign into law.The House of Representatives and the Senate adopted different versions of the bill at the end of last year, and they must now be combined into a single bill Mr Obama can sign into law.
Mr Obama says reform of the healthcare system is crucial for the US economy to rein in costs over the long term.Mr Obama says reform of the healthcare system is crucial for the US economy to rein in costs over the long term.