Insurance industry warns of higher rates, as ObamaCare supporters see long-term fix
President Obama says the health care law makes coverage more affordable, but the insurance industry reacted to the Supreme Court decision by saying that the ruling will actually end up raising rates even more than they have climbed since the law was enacted.
America’s Health Insurance Plans, the industry’s lobby group, issued a statement supporting expanding health care coverage to millions of Americans, but it said, “major provisions, such as the premium tax, will have unintended consequences of raising costs and disrupting coverage unless they are addressed.”
The group's CEO, Karen Ignagni, told Fox News that because of the increased costs, “It's time for people to roll up their sleeves and look very carefully at those provisions.”
The Kaiser Family Foundation, a nonprofit research group, has said that the average family insurance premium in 2011 topped $15,000 -- a 9 percent increase from the year before, while premiums had climbed just 3 percent a year before the law went into effect.
AETNA, the nation's fourth largest insurer, says its polices increased from 1 to 2 percent.
Read more: http://www.foxnews.com/politics/2012/06/28/health-care-law-and-insurance-rates/#ixzz1z920zInJ
President Obama says the health care law makes coverage more affordable, but the insurance industry reacted to the Supreme Court decision by saying that the ruling will actually end up raising rates even more than they have climbed since the law was enacted.
America’s Health Insurance Plans, the industry’s lobby group, issued a statement supporting expanding health care coverage to millions of Americans, but it said, “major provisions, such as the premium tax, will have unintended consequences of raising costs and disrupting coverage unless they are addressed.”
The group's CEO, Karen Ignagni, told Fox News that because of the increased costs, “It's time for people to roll up their sleeves and look very carefully at those provisions.”
The Kaiser Family Foundation, a nonprofit research group, has said that the average family insurance premium in 2011 topped $15,000 -- a 9 percent increase from the year before, while premiums had climbed just 3 percent a year before the law went into effect.
AETNA, the nation's fourth largest insurer, says its polices increased from 1 to 2 percent.
Read more: http://www.foxnews.com/politics/2012/06/28/health-care-law-and-insurance-rates/#ixzz1z920zInJ
1 comment:
Conservatives, you had better wake up! If you think playing nice with these liberals will get you anything you are sadly mistaken.
You are in a war. If you want this country to remotely resemble anything like its founders intended stand up!
If the politicians that represent you wont make a stand throw them out. If they are in it just to get a cozy job run them off!
Time to speak up no matter what the outcome. Better to go down like a man than crawl like a spineless wimp.
If you don't want to lead then get the hell out of the way.
If you aren't registered to vote and don't go to the polls then shut the hell up!
If this isn't the time then the time will never come!
No more luke warm CHOOSE YOUR SIDE AND MAN THE HELL UP!
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