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Detailed text transcripts for TV channel - FOXNEWS - 20131030:15:32:00

Mr. chairman. madam, secretary, i was intrigued by a line of questioning by congressman green asking questions about the individual marketplace. how volatile was the individual marketplace before the affordable care act became law? i would say it wasn t a marketplace at all. it was unprotected, unregulated and people were really on their own. madam secretary, the kaiser family foundation report that is over 50% churn out of individual that have coverage in the individual market. churn out of coverage every year. they either lose coverage, they re priced out or drop it. is that consistent with what you re aware of? that is accurate snapshot. about a third of people are in for about six months and over half are inn for a year or less. so individuals that were in the individual marketplace before the passage of the affordable care act did not have the same protection that is those in group coverage? that s true. and would those individuals in the individual marketplace sometim ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100209:00:06:00

Profits last quarter. today the health and human services secretary kathleen sebelius sent a letter to the company s president saying, and i quote: i believe anthem blue cross has a responsibility to provide a detailed justification for these rate increases to the public. now, secretary sebelius also said the insurance firm should tell how much of the money it takes in is actually used for administrative costs instead of medical care. back to major garrett at the white house. major, how does this fit into the white house health care argument? well, the white house has said throughout this entire debate, shepard, from day one, that if congress and the president don t get together on, this health insurance costs are going to continue to rise. they say that is inevitable result of inaction. that s why the president has often said inaction is not an option. this in california effects about 800,000 people, individual insurance policy. not group coverage. not hmos or ppo s. the president s ....

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