Transcript for Kaiser Permanente CEO has faith Congress can improve Affordable Care
of you. Let's turn to before nard J. Tyson, chair and CEO of Kaiser permanente. Good morning. You just heard the senators. They are not going to say this bill is going down. But it is on life support, if anything. You're CEO of a nonprofit health system that sevens almost 12 million Americans. Where do we go here? P I think prior to this bill being proposed, there was a bipartisan committee looking at what it takes to stabilize the affordable care act. I met with senators. I testified. I believe they're on the right track to come up with few answers that will help to stabilize the current law. What is the single most important thing congress can do the stabilize the law? Reach a consensus to stabilize and create a more come pet tiff marketplace. One is the cost re -- sharinging reduction the csc. You have probably heard a lot about. It needs to be funded. Number two is to provide the state with additional flexibility while maintaining guidelines at the federal level. You have spoken to the president. You testified before congress. You do seem to have faith they can work this out somehow eventually. Absolutely. I mean, the affordable care act is not perfect. It is moving in the right direction. This is about providing coverage for the all miles an hours of the American health care system. We have 20-plus million more covered because of the ACA. It's the ig best piece of law passed for health care since medicare and medicaid of 1965. It took years for those programs to be stabilized. It will take years for this to be stabilized. There's a few things that could happen to create the competitive marketplace. To get the insurance, other insurance companies back into the market if the they did a couple of things to the existing law. Quickly. Your reaction to what the senator said about their bill with pre-existing conditions and adequate and affordable. Prior to the ACA, insurance companies could exclude people who have pre-existing conditions. And/or, if they provided coverage, it was so expensive. One important point that was made this morning that I want everybody to pay attention to. There's a difference between having access to coverage versus access to care. So, one might be able to afford access to coverage. But with the deductibles and all the additional costs to access care, that person could have coverage but still can't afford to get the care. The affordable care act was intended to bridge the gap between those two issues that happens inside of the industry. Thank you so much for joining us this morning, Mr. Tyson. We appreciate your point of view. Thank you.
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