Michigan Business & Professional Association Urges Legislature to Act Quickly on Individual Health C...(ystem is flawed. Blue Cross needs help i...),Health

Date:11/10/2008

ystem is flawed. Blue Cross needs help in balancing the high risk pool to continue to serve as our insurer of last resort," said Kluge, noting that the nonprofit Blues currently covers 84 percent of the individual market's unhealthy consumers, with a majority being age 55 and older. "The Blues cannot afford to serve in this capacity much longer. The impact on small business is immeasurable and grave. We feel strongly our economy will suffer if these bills do not pass in the near future."

This proposed legislation, added Kluge, provides individuals and their family several options with fair pricing, a guarantee of obtaining coverage, shields consumers from rate hikes, and ensures a safety net in the market to minimize the uninsured.

FOR FURTHER INFORMATION:

JENNIFER KLUGE 586-393-8800 OFFICE

(586) 202-1441 CELL

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SOURCE Michigan Business & Professional Association Copyright©2008 PR Newswire. All rights reserved

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