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:10/13/2017)... Little Rock, AR (PRWEB) , ... October 13, ... ... owned firm with locations throughout Arkansas that offers insurance and financial preparation services, ... to benefit the Rock City Rescue organization. , Rock City Rescue is a ...
(Date:10/13/2017)... ... October 13, 2017 , ... The International Association ... standards of excellence for the field of eating disorders, announces the opening of ... 2018 in Orlando, Florida at the Omni Resort at ChampionsGate. , ...
(Date:10/13/2017)... ... October 13, 2017 , ... Apple Rehab Shelton Lakes , which specializes ... of the facility as part of a disaster drill on October 3rd. , Apple ... Shelton City Emergency Manager, as well as the Connecticut Long Term Care Mutual ...
(Date:10/13/2017)... ... October 13, 2017 , ... Global Healthcare Management’s 4th Annual Kids Fun Run ... This free event, sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed ... geared towards children of all ages; it is a non-competitive, non-timed event, which is ...
(Date:10/13/2017)... ... 13, 2017 , ... “The Journey: From the Mountains to the Mission Field”: ... souls in the Philippines. “The Journey: From the Mountains to the Mission Field” is ... Bible. She has taught all ages and currently teaches a class of ladies at ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... Sept. 28, 2017 Cohen Veterans Bioscience and ... use of wearable and home sensors for real-time monitoring ... Signal Foundation, a nonprofit organization focused on disruptive health ... an affordable analytical system to record and integrate behavioral, ... ...
(Date:9/25/2017)... , Sept. 25, 2017   Montrium ... Master File solutions, today—from the IQPC Trial Master ... , NL)—announced that EastHORN Clinical Services has ... clinical programs and TMF management. EastHORN, a leading ... eTMF platform to increase transparency to enable greater ...
(Date:9/22/2017)... Md. , Sept. 22, 2017  As the ... Republican Senators Bill Cassidy (R-LA) and ... Information notes that the medical device industry is in ... medical device tax, the 2.3% excise tax on medical ... But they also want covered patients, increased visits and ...
Breaking Medicine Technology: