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Consumer Group: Hillary Clinton's Mandatory Health Insurance Purchase Plan is an Act of War on the Middle Class Family That Can't Afford $12k Policy
Date:9/17/2007

Clinton Takes Over $1 Million From Insurers, Would Force All Americans to Buy Private Coverage

SANTA MONICA, Calif., Sept. 17 /PRNewswire-USNewswire/ -- The Foundation for Taxpayer and Consumer Rights (FTCR) today condemned Senator Hillary Clinton's mandatory health insurance purchase plan as a gift to insurers that have given over $1 million in campaign contributions to her presidential campaign.

FTCR said that a plan that would require every American to buy private health insurance without a cap on how much Americans would be charged is an attack on the middle class. The average American health insurance policy for a family of four costs $12,000 per year; Clinton did not say how average Americans would pay for it.

"A woman perceived as the architect of socialized medicine in America is now the godmother of a plan for corporate socialism," said Jamie Court, President of the Foundation for Taxpayer and Consumer Rights (FTCR). "That's a testament to the power of health insurer campaign contributions. This plan guarantees insurers a market for their products at any cost. Senator Clinton's plan is a declaration of war on middle-class families who cannot afford $12,000 a year for a health insurance policy because the Clinton plan doesn't cap premiums or regulate them. The only reason to force Americans to buy health insurance is to bailout an industry that's failed to make its products attractive enough to the market."

FTCR said that the individual mandate is untenable and that real health care reform must rein in health insurance companies.

-- A recent report by the Kaiser Family Foundation showed that the average cost of coverage for a family of four is now $12,000, not including deductibles that often require families to spend $5,000 out-of-pocket before insurance coverage kicks in.

-- Health insurance premiums are increasing 250% faster than the rate of inflation because health insurers are keeping more health care pr
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SOURCE Foundation for Taxpayer & Consumer Rights
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