Navigation Links
Baucus Health Plan Won't Rein in Health Insurer Price Gouging of Middle Class; Consumer Watchdog Calls for 'Prior Approval' Rate Regulation in Health Reform
Date:9/16/2009

WASHINGTON, Sept. 16 /PRNewswire-USNewswire/ -- The new health reform plan released today by U.S. Senate Finance Committee Chairman Max Baucus (D-MT) will charge middle-class families nearly 20% of their annual income for health coverage, while letting insurance companies charge what they please for policies, said Consumer Watchdog. The consumer group, which pioneered the most successful insurance premium regulation law in the nation, today said only the extension of such regulation to health insurance can make insurance affordable -- which it must be, if Americans will be forced to buy it.

The group called on Congress to adopt health insurance rate regulation that requires prior approval of rate increases. Such regulation has saved drivers in California $62 billion on auto insurance rates since 1988, and similar savings would be expected for health insurance rates. Such regulation would control the startling health premium and out of pocket rates illustrated in a chart leaked from the Senate Finance Committee, showing yearly average out-of-pocket costs of $15,300 for a family of four making $78,000.

Americans who do not purchase insurance policies under the Baucus plan would pay up to $3,800 in penalties.

"Government cannot force families to pay more than their mortgage to purchase coverage from a for-profit insurer," said Jerry Flanagan, health policy director of Consumer Watchdog. "Yet if families paying more than 10% are automatically exempted from the law, they will still be without health care. It's an impossible bind, and tough, transparent regulation is the right start to fixing it."

Download Consumer Watchdog's report, Regulation, Not Deregulation: The Prescription for Lowering Health Costs Without Cutting Coverage (With or Without a Public Option), at:

SOURCE Consumer Watchdog
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Baucus Co-Op Plan Would Gut State Laws; Consumer Watchdog Report Calls for Prior Approval Rate Regulation in Health Reform, Not Deregulation of State Consumer Protection Laws
2. Senators Baucus and Grassley Statement Regarding Physician Hospitals Despicable
3. National Medical Association Applauds President Obamas and Senator Baucuss Efforts to Work With PhRMA to Bring Down Health Care Costs and Advance Meaningful Reforms
4. Senators Baucus and Tester Vote to Protect Americas Kids From Tobacco
5. Coalition Commends Senators Baucus, Grassley for Including Prevention, Wellness of Chronic Disease in Recent Paper on Coverage Policy Options
6. Rarely Used Closed Doors Slammed Again in U.S. Senate Health Care Reform; Sen. Max Baucus Must Publicly Answer 10 Questions About Mandatory Purchase of Health Insurance
7. Sen. Max Baucus: Answer 10 Questions About Mandatory Purchase of Health Insurance Including Why the Public Was Excluded From Todays Committee Meeting
8. President Obama, Sens. Kennedy & Baucus: Dont Buy Insurer Compromise for Bush-era Plan to Gut State Consumer Protection Laws
9. National Long Term Care Leaders Praise Overall Baucus Health Reform Effort, Express Specific Concerns Moving Forward
10. Statement From Larry Minnix, President & CEO, American Association of Homes and Services for the Aging on the Release of Sen. Baucuss Health Care Reform Proposal
11. US Oncology Applauds Senator Baucuss Healthcare Reform Call to Action for 2009, Supports Collaborative Measures to Enhance Cancer Patients Access to Care While Improving Quality and Access
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... Watsonville, California (PRWEB) July 29, 2014 ... issue of the peer-reviewed journal Lipids in Health ... power—and value—of Nordic Naturals triglyceride-form best-selling Ultimate Omega®/ProOmega®. ... U.S., according to SPINS scan data, the product ... compared to other omega-3 products in the marketplace. ...
(Date:7/29/2014)... Seattle, WA (PRWEB) July 29, 2014 ... it one of the most common chronic illnesses,” Western ... article addressing the need for those suffering from ... are spent on allergy-related health care each year in ... allergies as a mere way of life for themselves, ...
(Date:7/29/2014)... July 29, 2014 Oxnard dentists , ... Dental Art Institute in Oxnard and Woodland Hills, Calif., regularly ... out or been removed due to dental disease. , However, ... two prosthodontists (experts in restoring and replacing teeth) want the ... implant specialists to perform their dental work and of not ...
(Date:7/29/2014)... Lean and Lovely, an affordable and short program, claims to ... a bikini in the near future. This has caught the ... “Our Lean and Lovely review shows that it ... Neither your age nor your body shape matters, which means ... beginning, you will achieve the results that you have been ...
(Date:7/29/2014)... 29, 2014 The Cottages Investment ... Cottages at MeadowLands Memory Care, to break ground July ... suffering from memory loss and forms of dementia, Wade ... the development of Oconto Fall’s first assisted living facility ... of The Cottages Investment Group, LLC will license the ...
Breaking Medicine News(10 mins):Health News:Study Shows Nordic Naturals® Triglyceride-Form Ultimate Omega®/ProOmega® More Effective Than Krill Oil, Salmon Oil, and Ethyl Ester Fish Oil 2Health News:Study Shows Nordic Naturals® Triglyceride-Form Ultimate Omega®/ProOmega® More Effective Than Krill Oil, Salmon Oil, and Ethyl Ester Fish Oil 3Health News:Allergy Sufferers are Urged to Seek Medical Help in Recent Article by Western Washington Medical Group 2Health News:Allergy Sufferers are Urged to Seek Medical Help in Recent Article by Western Washington Medical Group 3Health News:Oxnard Dental Implant Experts Warn of Infections Around Dental Implants 2Health News:Oxnard Dental Implant Experts Warn of Infections Around Dental Implants 3Health News:Oxnard Dental Implant Experts Warn of Infections Around Dental Implants 4Health News:Lean and Lovely: Review Examining Neghar Fonooni’s Program Released 2Health News:The Cottages Investment Group Announces Third Development Project, The Cottages at MeadowLands Memory Care, Oconto Falls 2Health News:The Cottages Investment Group Announces Third Development Project, The Cottages at MeadowLands Memory Care, Oconto Falls 3Health News:The Cottages Investment Group Announces Third Development Project, The Cottages at MeadowLands Memory Care, Oconto Falls 4
... American Cancer Society study of twelve types of cancer ... patients were significantly more likely to present with advanced ... study, which appears in the March issue of The ... to investigate insurance status and stage of diagnosis for ...
... es Salaam, Tanzania, WASHINGTON, Feb. 17 , 1:35 ... dear wife -- Mr.,President, welcome again to Amana Hospital. Well, ... for PEPFAR, the President,s,Emergency Plan for AIDS Relief., Through ... a,facility we just visited, and again, this clinic. In Dar ...
... Month, , , SUNDAY, Feb. 17 (HealthDay News) ... Americans about age-related macular degeneration (AMD), Prevent Blindness ... Month. , AMD -- a progressive disease that ... $570 million a year in direct costs for ...
... that a new wave of drug-resistant HIV is rising among among ... this trend will continue over the next few years, according to ... , At the same time, the evolution of drug-resistant HIV may ... men from becoming infected. , The model and ...
... The public health problem that needs to be addressed ... physicians who have come together to discuss the latest in ... the American Academy of Pain Medicine (AAPM), February 12-16 at ... decades, Americans, with the help of their physicians, have been ...
... people with depression , , SATURDAY, Feb. 16 (HealthDay News) -- ... syndrome (IBS) in adults, says a study by researchers at ... about 15 percent of the U.S. population. Some studies have ... some patients, but the frequency hadn,t been examined. , In ...
Cached Medicine News:Health News:Major study links insurance status to advanced stage in multiple cancers 2Health News:Remarks By President Bush and President Kikwete of Tanzania at Roundtable on Pepfar 2Health News:Don't Lose Sight of Vision Care, Group Urges 2Health News:Novel mathematical model predicts new wave of drug-resistant HIV infections in San Francisco 2Health News:Physicians focus on stopping pain epidemic 2Health News:Physicians focus on stopping pain epidemic 3Health News:Physicians focus on stopping pain epidemic 4Health News:Physicians focus on stopping pain epidemic 5Health News:Physicians focus on stopping pain epidemic 6Health News:Allergy Disorders Linked With Irritable Bowel Syndrome 2
(Date:7/28/2014)... July 28, 2014 Reportlinker.com announces that ... its catalogue: Portugal Pharmaceuticals and ... http://www.reportlinker.com/p0207141/Portugal-Pharmaceuticals-and-Healthcare-Report-Q3-2014.html Includes 3 ... Faster-than-expected economic growth last quarter has led us ... upwards. As forecast previously, BMI expects ...
(Date:7/28/2014)... , July 28, 2014  UBM Medica US ... leading online community for medical imaging professionals, explored the ... value-based payment models . The shift from ... how the radiologist,s reimbursement is determined in the ... insight from leaders in the field, who recognized the ...
(Date:7/28/2014)... 2014  MedSpring Urgent Care, an Austin -based ... Lamar Blvd., Austin, TX 78704 on Saturday, ... the southeast corner of Barton Springs Rd. and S. ... 9 p.m. daily, including weekends and holidays. With existing ... Austin , Anderson Mill , Cedar Park ...
Breaking Medicine Technology:Portugal Pharmaceuticals and Healthcare Report Q3 2014 2Portugal Pharmaceuticals and Healthcare Report Q3 2014 3Portugal Pharmaceuticals and Healthcare Report Q3 2014 4Diagnostic Imaging Delves into Measuring the Radiologist's Value 2MedSpring Urgent Care opens Barton Springs walk-in clinic in Austin, TX 2
... May 17 Xenon Pharmaceuticals Inc. is pleased to announce ... Vice President, Research and Development. , ... "We are delighted to welcome Tarek to the Xenon team," ... world-class R&D executive whose experience in discovering products, a number of which ...
... TAI,AN, China , May ... CBPO ) ("China Biologic" or the "Company"), ... the People,s Republic of,China ("PRC"), operating through ... Ltd. ("Taibang") and Guiyang Dalin,Biologic Technologies Co., Ltd. ...
Cached Medicine Technology:Xenon Announces Appointment of EVP, Research & Development 2China Biologic Products Announces First Quarter 2010 Results 2China Biologic Products Announces First Quarter 2010 Results 3China Biologic Products Announces First Quarter 2010 Results 4China Biologic Products Announces First Quarter 2010 Results 5China Biologic Products Announces First Quarter 2010 Results 6China Biologic Products Announces First Quarter 2010 Results 7China Biologic Products Announces First Quarter 2010 Results 8China Biologic Products Announces First Quarter 2010 Results 9China Biologic Products Announces First Quarter 2010 Results 10China Biologic Products Announces First Quarter 2010 Results 11China Biologic Products Announces First Quarter 2010 Results 12China Biologic Products Announces First Quarter 2010 Results 13China Biologic Products Announces First Quarter 2010 Results 14China Biologic Products Announces First Quarter 2010 Results 15China Biologic Products Announces First Quarter 2010 Results 16China Biologic Products Announces First Quarter 2010 Results 17China Biologic Products Announces First Quarter 2010 Results 18
Designed for rapid, routine electrophoresis for nucleic acids. The Mini unit is designed with a choice of two casting systems: standard casting trays that require sealing tape; or aluminum-gated cast...
... Wide mini horizontal gel system is designed for very ... agarose gels. This System allows the user to cast, ... quality. Complete system with : 1 x electrophoresis tank ... MT-T01 (105 x 83 mm tray), 2 x MT-T02 ...
... Hoefer offers the HE 33 Mini Submarine Unit ... The HE 33 is designed for very fast separations ... molded base acts as a heat-sink. Fill the base ... the run, by either keeping the unit in a ...
... Apparatus (patented) provides unparalleled reproducibility, speed and ... In combination with Elchrom Scientific AG ready-to-use ... require a regular submarine plus a vertical ... 2000 it is possible to get the ...
Medicine Products: