Industry tries to derail health care reform

[0:00]" Senator today Tuesday the Senate Finance Committee is set to vote on health care reform legislation. Bureau thoughts on the prospects for passage."

[1:17]" What are your thoughts are bound to a measure of getting out of the Senate itself."

[1:23]" I believe and if the Democrats. Want to stick together. And probably do work for the sole purpose of delivering a victory for the president and sixty would stick together. There's no. Supporting Republicans. Can't stop. Possibly disseminating. The Democrats and some doubts about some parts of the bill -- favorites against. But some parts of the bill. And it might mean the extent to which I want to bring some moderation. To -- bill. That would determine whether -- and -- getting our. Well being change and a bipartisan way."

[2:21]" Well first of without that report coming out. One of the reasons I'm voting against it. There's because it is going to increase premiums for. People. And parents are. Not -- the situation worried the apparently this country ever happen. And there aren't paying higher premiums even before the program goes into effect. Which basically means there will be opening for three years of the benefits available OnStar still participating. But what I am going to surprise -- the industry itself. Has been very very supportive of everything. About us and trying to do. And I'm very surprised -- there's a report comes out right there are taking. Contrary position for the first time. And I think from the standpoint. There are telling their policy of there's going increased. Premiums. I think is going to. I mean we've seen very negatively. You'd 5% of people and helping -- And the reason I say -- I believe everybody's. Banning them arguing they're sort of debate hoping to Hillary no compromise. -- an understanding. -- one of the ones have. Healthcare system is now. Premiums on health and two. Sometimes two or three times. The rate -- inflation. It's hard to understand. And so people here are talking about. -- Period reform opener three. They expect things get better and -- workers and I think that there are going to be very cynical. About what's going on now maybe you're -- against it because of the report put up -- print --"

[4:23]" Now home or retire -- use. Growing two. -- impacted to have by the health care bill."

[4:32]" Well indirectly because 400. -- billion dollars is coming out of and health care reimbursement for. Hospitals are one example will be other health care providers -- effective. So the extent to -- particularly in America. And corporate America. What are some of the important people practice difficult to maintain. Hospitals some things right. I think probably Hendrick. One way they're going to be directly -- is that 20%. Medicare people what's called Medicare Advantage. Ten supported him. Gregory Puerto programs going down. Total premiums and all problems senior citizens. And benefits program. -- Senior citizens are being affected by. Curiously the president Tampa -- Senior citizens and -- being impacted by. Could make an argument that 80%. Predict how my editor. Why not be heard arguing -- Payments but they can be indirectly. By the fact that mapping purposes might not be. But I -- can't prove that the point present. An accurate pandering and -- Million people. We with their premiums were up."

[6:13]" What do you think will be the long term impact. On the country. No matter what bill comes out."