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Consumer Watchdog to Congress: Put Patients' Bill of Rights Back on the Table
Date:6/4/2009

  • Staggering rate increases. Though a handful of health insurers control the market, no federal government entity is charged with overseeing insurance pricing. As a result, Americans experience cartel-like cost increases -- largely driven by health insurance overhead and profit. Double-digit annual premium increases -- ranging from 30-80% this year for individuals and small business owners -- force many into high deductible insurance policies. As a May 27 New York Times article describes, federal regulation is necessary since the industries' recent promises to coordinate to voluntarily reduce rates would violate anti-trust laws.

  • ** Read Consumer Watchdog's letter calling on Senator Baucus and members of the U.S. Finance Committee to publicly answer ten questions about how requiring all Americans to show proof of insurance or face tax penalties will provide affordable health care. http://www.consumerwatchdog.org/patients/articles/?storyId=27289&topicId=9871

    ** Read Consumer Watchdog's letter to President Obama and Sens. Kennedy and Baucus warning them not to agree to the health insurers' plan to gut state health care laws. http://www.consumerwatchdog.org/patients/articles/?storyId=27228

    ** Read Consumer Watchdog's letter to U.S. Senator Ted Kennedy (D-MA) urging that he continue to protect patients consistent with the principles he has articulated during his 40 year career.

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

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