Sinking Economy Hit Hard by Soaring Healthcare Costs

Online, November 17, 2009 (Newswire.com) - Los Angeles, CA -Medicare and Medicaid costs are overwhelming government budgets as insurance costs run amock and further sideline a failing economy, according to President Obama.

A February report by the Department of Health and Human Services indicates that health care costs are estimated to top $8,000 per person this year. The president said that is a serious blow to middle class families and small businesses that stimulate job growth.

"Health care reform is no longer just a moral imperative, it is a fiscal imperative. If we want to create jobs and rebuild our economy, then we must address the crushing cost of health care this year, in this administration," the president said.

The president asserts that the American people are demanding health care reform, and he has vowed to take their message to the insurance, pharmaceutical and medical lobbies.

"President Obama will need to really sell health care reform," said Alan Weinstock, an insurance broker with http://www.MedicareSupplementPlans.com, a Web site that provides those 65 and over with the opportunity to compare Medicare supplement insurance plans. "It's important to get skyrocketing health care and insurance costs under control and provide coverage to the more than 40 million uninsured Americans," Weinstock added.

As the debate about health care reform rages on, seniors can rest assured that they have affordable options when it comes to Medicare supplement insurance, according to Weinstock.

James Polak, 70, of Woodland Hills, Calif., said of http://www.MedicareSupplementPlans.com, "I am extremely pleased with the service and advice offered...I have had several surgeries the last three years and have not had to pay anything out of my pocket."