Presidential Hopeful Barack Obama on Healthcare

Should Health Care Be Treated as a Commodity?

In the Presidantial debate on October 7, 2006, Senator Barack Obama identifying what he sees as the key problems with healthcare in America: exponentially expensive premiums, rising costs of co-payments and deductibles, and barriers that prevent many from accessing basic health insurance.

"We have a moral commitment," he said, "in addition to an economic imperative, to do something." Obama asserted that all Americans should have the kind of health insurance that he and Senator McCain enjoy because they are federal employees.

With regards to the McCain healthcare plan, Obama pointed to an oft-overlooked aspect—taxing employer-based healthcare benefits —saying with McCain's plan "one hand giveth, and one hand taketh away."

Watch the following short clip in which Senator Obama discusses the differences in McCain plan and the Obama plan.