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Governor Schwarzenegger's Mandatory Purchase of Private Health Insurance Doesn't Add Up for the Middle-Class, Says FTCR
Date:10/9/2007

ce, and the state estimates that 18% of the uninsured cannot afford insurance at all -- including anyone making just over the subsidy cutoff, 300% of the federal poverty level, according the Foundation for Taxpayer and Consumer Rights (FTCR). Massachusetts assumes that insurance is "affordable" if consumers can pay the premiums, disregarding deductibles, co-pays and other co-insurance. The cheapest plans offered come with $2000 deductibles, co-pays of up to 35% for most health services, separate medication deductibles with up to 50% co-pays, and cap only some out-of-pocket costs.

For FTCR's detailed analysis on the mandatory purchase of private health insurance, go to: http://www.consumerwatchdog.org/healthcare/pr/?postId=8592.

FTCR is California's leading public interest watchdog. For more information, visit us on the web at http://www.ConsumerWatchdog.org.


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SOURCE Foundation for Taxpayer and Consumer Rights
Copyright©2007 PR Newswire.
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