President Barack Obama Outlines Healthcare Reform Plans to American Medical Association

U.S. President Barack Obama addressed members of the American Medical Association during their annual meeting, outlining plans for his healthcare reform plans that would provide insurance to the nearly 50 million people who have no coverage.

As part of that outline Obama assured those in attendance that under his new plan people would be allowed to choose between private plans or an option provided by the government. According to Obama “that will give people a broader range of choices and inject competition into the health care market so that force waste out of the system and keep the insurance companies honest.”

While Obama urged AMA members to support his proposal, claiming the current healthcare situation is a “ticking time bomb,” many have opposed a government-run insurance plan, stating such a move would ruin private insurance companies and ultimately affect the pay that doctors receive.

According to Obama the ten-year reform program would cost close to $1 trillion and that would be funded from budget cuts and cost-saving methods in existing programs.

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