Navigation Links
Double-Digit Rate Increases Expected Under Mass. Mandatory Health Law; 5% Cap on Rate Hikes Proposed
Date:12/11/2007

California Labor Poised to Sell Out Consumers with Unaffordable Mandate

SANTA MONICA, Calif., Dec. 11 /PRNewswire-USNewswire/ -- Massachusetts insurance premiums expected to rise as much as 14% have led a state panel to propose a 5% cap on rate increases for state-sold health plans. The vote came less than a month before every citizen of Massachusetts is required to purchase health insurance or pay penalties that increase monthly, and as California politicians and labor are rumored to be close to making a similar deal.

Developments in both states cast a shadow over whether mandatory purchase of health insurance can ever succeed in America, said the Foundation for Taxpayer and Consumer Rights (FTCR).

The Massachusetts board overseeing the mandatory purchase law will also discuss shifting more costs to low-income consumers by doubling or tripling co-pays for state-subsidized health insurance plans at a meeting on Thursday.

A plan by California Assembly Speaker Nunez and Governor Schwarzenegger to require all Californians to purchase private health insurance may have less affordability protections for consumers than Massachusetts, if rumors about the deal are true.

California labor organizations are expected to meet Wednesday morning to consider a deal that would eliminate any guarantees of affordability for consumers, including out of pocket maximums or exemptions from the mandate. SEIU leader Andy Stern has reportedly cut a deal with Governor Schwarzenegger that he is trying to force all of labor to accept, despite inadequate protections for patients outside the labor movement. The deal is said to include higher employer contributions and to reserve the right to veto benefit reductions for unionized workplaces.

"It's outrageous that California lawmakers are closing their eyes to the fact that Massachusetts is burdened with out-of-control costs in a program that is just six months old. Massachusetts' experience shows that higher premiums and eroding benefits are certain under an insurance mandate that does not require health insurers, or the rest of the medical industry, to open their books and justify costs," said Carmen Balber with the nonprofit Foundation for Taxpayer and Consumer Rights (FTCR).

Massachusetts Senate President Therese Murray has proposed requiring all insurers to attend a public hearing and justify premium increases above 7%, and the panel overseeing the health care law voted last week to require insurers to submit explanations if premiums for the state-sold plans exceed the proposed 5% cap. Even the Massachusetts Association of Health Plans, representing many of the state's insurers, has proposed public hearings on insurance premium increases. Nevertheless, none of the proposals would give regulators the power to deny rate hikes found to be excessive.


'/>"/>
SOURCE Foundation for Taxpayer and Consumer Rights
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Guardians Dental Network Experiences Double-Digit Growth
2. FinCor Holdings Posts Double-Digit Increases in Revenue and Net Income for Third Quarter
3. Prophylactic cranial irradiation in small cell lung cancer significantly increases survival
4. Fat on chest and upper back increases risk of insulin resistance
5. Handling Stress Properly Increases Good Cholesterol
6. High alcohol consumption increases stroke risk among Chinese men
7. High alcohol consumption increases stroke risk, Tulane study says
8. Genetic predisposition increases childhood asthma risk
9. Smoking increases risks for head and neck cancers for men and women
10. Passive smoking increases sleep disturbance among pregnant women
11. Frequent alcohol consumption increases cancer risk in older women
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... , ... February 08, 2016 , ... If you are ... to handle, you are not alone. According to the Center for Disease Control and ... stroke, type 2 diabetes and certain types of cancer, some of the leading causes ...
(Date:2/8/2016)... ... February 08, 2016 , ... Steve Helwig & Associates Insurance ... new community enrichment program, has teamed up with Citizens Opposed to Domestic Abuse in ... intimate abuse. To support all those victimized by the fear of violence in their ...
(Date:2/8/2016)... ... February 08, 2016 , ... Local insurance agency ... Venice, FL area, has initiated a fundraiser for a two year old little ... days after Christmas. To support this beautiful child who is facing life’s journey ...
(Date:2/8/2016)... (PRWEB) , ... February 08, ... ... and security executive networking and relationship-marketing firm, announced today that nominations will ... Information Security Executive® (ISE®) West Awards. , Awards include the Information ...
(Date:2/8/2016)... ... 2016 , ... Eating disorders and post-traumatic stress disorder (PTSD) ... men with eating disorders report a history of trauma, research suggests that it ... eating disorder. , At the 2016 iaedp Symposium, the workshop, “What Eating ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)... , Feb. 5, 2016 ... of the "Global Obstetrics Partnering 2010-2016: ... profile to their offering. --> ... the "Global Obstetrics Partnering 2010-2016: Deal ... to their offering. --> Research ...
(Date:2/4/2016)... Feb. 4, 2016  Edwards Lifesciences Corporation (NYSE: ... structural heart disease and critical care monitoring, announced today ... (ASR) agreement with Morgan Stanley & Co. LLC to ... is part of the Company,s previously authorized program to ... stock.  --> --> ...
(Date:2/4/2016)... -- Worldwide Radiology Oncology surgical robot markets are ... systems provide a way to improve traditional open ... systems pinpoint the delivery of radiation precisely, eliminating ... problem previously, limiting the quantity of radiation that ... far beyond what has been available, promising a ...
Breaking Medicine Technology: