I don’t think a system is working when small businesses are gouged and 15,000 Americans are losing coverage every single day; when premiums have doubled and out-of-pocket costs have exploded and they’re poised to do so again. I mean, to be fair, the status quo is working for the insurance industry, but it’s not working for the American people. It’s not working for our federal budget. It needs to change.
BARACK OBAMA, remarks to GOP House Issues Conference, Jan. 29, 2010
“And I promise that, when I’m done changing it, it won’t work for the insurance industry, either.”