March 4, 2010

1 in Every Six Dollars Spent on Health Care

1 -- in every six dollars in the U.S. economy is spent on health care today.

If we do nothing, in 30 years, 1 out of every three dollars in our economy will be tied up in the health care system.

Skyrocketing health care costs aren't just crippling the U.S. economy -- they're emptying the pocketbooks of American families. If we do not enact health insurance reform, individual and family spending on premiums and out-of-pocket health care costs could increase 79 percent in just 10 years.

I ran a business in downtown Cincinnati for five years. I employed two people. One of the major cost factors was health insurance. It kept getting more and more expensive at the time. I can't imagine what it is like for small businesses with employees in today's economy.

President Obama was in Ohio today speaking out about the impact of rising health insurance costs (premiums, co-pays and such). Have you noticed increases with your health insurance? Is it enough of a reason to support health care reform?

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