President Barack Obama traveled to Pennsylvania Monday to campaign for healthcare reform. In one of his most spirited speeches of his presidency, Obama intensified his attacks on health insurers, accusing the industry of placing profits ahead of patients.
President Obama: “And they will keep on doing this for as long as they can get away with it. I mean, there’s no secret. They’re telling their investors this: 'We are in the money; we are going to keep on making big profits, even though a lot of folks are going to be put under hardship.' So how much higher do premiums have to rise until we do something about it? How many more Americans have to lose their health insurance?”