And this all concerns me. He speaks of a “exchange”, which to me should simply be the free market. Why does government have to create an “exchange” in a free-market economy? Answer: because the government’s tentacles prevent a free market from existing. Here is an excerpt of the email from Neson that described the bill he is working on:

President Obama gave some clearer answers in his speech to Congress last week about his views on reform. I found it interesting that what the president described is pretty close to the bill I’m helping prepare as a member of the Senate Finance Committee. I want to tell you basically what this bill does.

In essence, it will let folks happy with their insurance keep it, including seniors on Medicare and veterans. It also will create a marketplace–exchanges–where those without coverage, or those who are unhappy with what they have, can get coverage at an affordable price.

The bill will hold insurers’ feet to the fire by requiring them to cover everyone and preventing them from dropping individuals who get sick. Additionally, it will contain several measures aimed at reducing overall medical and prescription drug costs and eliminating waste and fraud in the system.

I still intend to offer several amendments aimed at further improving the legislation. One of my amendments would require drugmakers to provide rebates to Medicare, just like they do to Medicaid. This would save Medicare a ton of money. Further, by eliminating the tax break drugmakers get for TV and other advertising, we would gain another $37 billion over the coming years to help pay for health care reforms.

The Senate Finance Committee will begin considering this bill as early as this week. Meantime, please know that I value your continued input.

Thanks for posting the excerpt, our Congressmen aren’t listening.