In a development sure to send shock waves throughout the insurance industry, President Barack Obama today named New York's disgraced former governor and attorney general, Eliot Spitzer, as his new "Czar" to implement health care reform.
"I cannot think of anyone more qualified to see to it that all the promises of our new health care reform legislation are kept to the millions of Americans without insurance today, and who could find themselves without coverage tomorrow should they lose their job, or have to choose between paying health premiums or their mortgage," President Obama said this morning in a Rose Garden ceremony.
"Mr. Spitzer has had his personal difficulties, but this is a forgiving nation, and I am confident he will discharge his new responsibilities with honor, integrity and the single-mindedness required to overcome all of the resistance our reform law is likely to meet–particularly within the insurance industry," President Obama added.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
