Obama targets insurance companies - WDRB 41 Louisville News

Obama targets insurance companies

President Barack Obama, addressing a town hall meeting on health care reform, says Americans no longer should be "held hostage by health insurance companies" that deny coverage for various reasons.

Obama targeted insurance companies as he attempted to regain the upper hand in the health care debate and deflect the impact of increasing vocal and organized critics.

The president said the current health care system and the policies of insurance companies are -- in his words -- "hurting too many families and businesses." And he vowed to change that, predicting health care reform legislation will be passed by Congress this year.

And he said "because we're getting close, the fight is getting fierce."

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