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Cinergy Health Commentary on Healthcare Summit
Date:2/26/2010

AVENTURA, Fla., Feb. 26 /PRNewswire/ -- Cinergy Health, a nationwide provider of health insurance benefit programs for the consumer market, expressed its concern regarding unresolved partisan issues during the healthcare summit on Thursday, February 25th.

"President Obama attempted to help bridge the gap between the House and Senate bills by holding a day long healthcare summit, which yielded no new agreement," said Steve Trattner Chief Marketing Officer of Cinergy Health. "Unfortunately, the current bills fail to include recommendations, namely the ability to purchase insurance policies across state lines, the expanded use of health savings accounts and limits on lawsuits against doctors. A final bill must include these sensible market-based options," said Trattner.

"If the insurance industry is expected to accept all applicants regardless of pre-existing medical conditions, then the Senate proposal's requirement that everyone have health insurance or pay a penalty must be retained. Also, consistent with the Senate bill, we feel that small businesses with fewer than 50 employees should remain exempt from providing health insurance," said Trattner.

Cinergy Health believes that President Obama's proposal to control insurance premiums is impractical. Artificially controlling insurance premiums without also regulating the underlying cost of medical care, which is responsible for rising insurance premiums, could be detrimental. Entirely scrapping the current proposals would not be in the country's best interest, however, there remain plenty of opportunities to bring new ideas.

About Cinergy Health

CINERGY HEALTH, with headquarters in Florida, is a nationwide provider of innovative and affordable health insurance solutions designed to meet the changing needs of American families. Recognizing the financial challenges for people who cannot afford or qualify for costly major medical insurance plans, Cinergy Health designs and delivers lower cost alternative health plans that facilitate access to quality healthcare services and enable people to maintain better health (www.cinergyhealth.com).

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