Navigation Links
Nunez and Legislators Urged to Oppose Mandatory Purchase of Private Health Insurance
Date:9/26/2007

cial imposition, even as insurers have reduced coverage to tweak prices. Next April 15, Bay-staters must prove on their tax returns that they have purchased coverage. In the future, those who can't will pay a penalty of up to $2,000 and lose their personal tax exemptions. Under Governor Schwarzenegger's vision of the mandatory purchase of private insurance, those who cannot afford to buy would have their wages garnished.

A mandate's problems, in more detail:

1. At $12,000 a year for family coverage, mandatory purchase of private insurance is unaffordable -- particularly without regulation.

Cost of Coverage

Insurance premiums have increased 78% since 2001, compared to a 19% increase in wages and a 17% increase in inflation. A recent report showed that the average cost of coverage for a family of four is already more than $12,000 a year. That price is unaffordable for California families earning above the amount available for subsidies -- 300% of the federal poverty level ($62,000 for a family of four) in the current Nunez plan -- and costs will not decrease under a mandatory purchase requirement.

* Just five companies -- Blue Cross, Kaiser, Blue Shield, PacifiCare, and Health Net -- control 80% of California's health insurance market. That extreme consolidation has given the major companies a stranglehold over pricing, allowing them to raise rates to boost profits. A mandate would solidify their cartel-like pricing.

* A proposal to cap insurer overhead and profit at 15% is only half of the cost-control equation and, without rate regulation, may actually drive up premiums. With no tested regulatory review of where the money is going and whether rate increases are necessary, the cap will encourage insurers to give hospitals and doctors whatever they ask for. Doctors, hospitals and insurers will have common cause to raise rates at the expense of individuals and the state. Insurers would be encouraged to define as medical expenses what
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Brainstorming session for Bihar legislators on AIDS
2. Bihar Legislators Join Hands to Fight Against AIDS
3. Andhra Legislators To Undergo HIV Tests
4. Liver transplant oversight urged
5. Chance of water births being urged for mums-to-be
6. Medical Fraternity Urged To Revamp Indian Healthcare
7. Chinese Hospital urged to cater to the poor
8. Bush Urged To Press India To Eliminate Medical Tariffs
9. Doctors Urged to opt for Intra-dermal Route for Anti-rabies Vaccine
10. Parents Urged To Talk About Sex With Children
11. Pranab Mukherjee Urged Military Doctors To Remain On The Cutting Edge
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/30/2014)... August 30, 2014 Daily Gossip reveals in ... Make Him Desire You program, who shows a unique formula ... author of this method says that the program goes beyond ... Make Him Desire You review indicates that the program was ... advice and his great techniques to make a man feel ...
(Date:8/30/2014)... NJ (PRWEB) August 30, 2014 The ... facilities in New Jersey and even in the U.S. ... that takes inches off of patients’ waists with deep-tissue ... cells in small sections, Vanquish is more inclusive to ... Patients lay comfortably under panels about one inch ...
(Date:8/30/2014)... Ticket Down is a ... tickets in NYC. This popular ticket exchange ... all day session, evening session, courtside seats, grandstand seats, ... prestigious Grand Slam Tournament. , The 2014 U.S. Open ... Open Tennis Championship: Men's/Women's 3rd Round - Session 11 ...
(Date:8/30/2014)... Acne is a common problem millions of American cope with ... a daily nuisance, for some, it can have a crippling impact ... lead to dramatic mood swings and depression. , Those struggling ... their skin. In some cases, that can make the problem even ... those on a quest for clearer skin can now view ...
(Date:8/30/2014)... 2014 Hundreds of Byetta lawsuits ( ... move forward in U.S. courts, Bernstein Liebhard LLP reports. ... July 31, 2014, Byetta and Bydureon (an extended-release version ... claims that allege the drugs caused pancreatitis, pancreatic cancer ... these claims are pending in a multidistrict litigation underway ...
Breaking Medicine News(10 mins):Health News:Make Him Desire You Review Reveals Powerful Formula to Make a Man Emotionally Addicted 2Health News:NJ Top Docs Presents, The Plastic Surgery Group 2Health News:US Open Tennis Tickets: Ticket Down Slashes Ticket Prices for Labor Day Weekend Sessions and More 2Health News:US Open Tennis Tickets: Ticket Down Slashes Ticket Prices for Labor Day Weekend Sessions and More 3Health News:US Open Tennis Tickets: Ticket Down Slashes Ticket Prices for Labor Day Weekend Sessions and More 4Health News:US Open Tennis Tickets: Ticket Down Slashes Ticket Prices for Labor Day Weekend Sessions and More 5Health News:Acne Treatment Reviews Added to Popular Treatment Website 2Health News:Byetta Lawsuits Move Forward, as Bernstein Liebhard LLP Notes Settlements in More than 80 Cases 2Health News:Byetta Lawsuits Move Forward, as Bernstein Liebhard LLP Notes Settlements in More than 80 Cases 3
... of the recent recall of eggs by den Dulk ... Nelken is strongly advising Americans, especially pregnant women, children ... eating eggs at home or in restaurants. More than ... the most dangerous foods in terms of food-borne illness. ...
... Blue Shield of California announced two additions to its ... Janet Widmann to senior vice president. The promotions ... and CEO Bruce Bodaken earlier this year, when Paul ... previously vice president of customer service & claims, was ...
... Nicholas Blanco of San Diego, CA, will travel ... 31, 2009 to meet with congressional leaders and gain ... research toward a cure for epilepsy.Blanco, 7, is one ... in Kids Speak Up! , a national program ...
... Women experiencing physical abuse from intimate partners spent 42 ... according to a long-term study of more than 3,000 women. ... The study revealed that women who suffered physical abuse five ... year on health care than women who were never abused. ...
... WASHINGTON, March 23 Alexandria Gray of Chicago, IL, ... Tuesday, March 31, 2009 to meet with congressional leaders ... and more research toward a cure for epilepsy.Gray, 9, ... country participating in Kids Speak Up! , a ...
... the European UnionEAST PROVIDENCE, R.I., March 23 ... the innovative IlluminOss(TM) Photodynamic Bone Stabilization System for ... granted a CE Mark. The approval permits ... European Union (EU).IlluminOss Medical is beginning the process ...
Cached Medicine News:Health News:Food Safety Expert Offers Tips to Be Safe in Wake of Costco & Safeway Egg Recall 2Health News:Blue Shield of California Names Two New Senior Vice Presidents 2Health News:California Youth Shares Epilepsy Message on Capitol Hill 2Health News:Physical abuse raises women's health costs over 40 percent 2Health News:Illinois Youth Shares Epilepsy Message on Capitol Hill 2Health News:IlluminOss(TM) Photodynamic Bone Stabilization System Receives CE Mark 2
(Date:8/29/2014)... 29, 2014  United Therapeutics Corporation (NASDAQ: ... for the District of New Jersey ... case against Sandoz, Inc. regarding United Therapeutics, Remodulin ® ... ruled that U.S. Patent No. 6,765,117 is both valid ... marketing its generic product until the expiration of that ...
(Date:8/29/2014)... -- Unilife Corporation ("Unilife" or "Company") (NASDAQ: UNIS ... release its financial results for the fiscal 2014 fourth ... trading ends on Tuesday, September 9, 2014. ... p.m. U.S. EDT on Tuesday, September 9, 2014 (Wednesday, ... Company,s financial results, commercial partnerships, and future outlook.  The ...
(Date:8/29/2014)... Calif. , Aug. 29, 2014  Abaxis, Inc. ... manufacturing point-of-care blood instrumentation and consumables to the medical, ... Severson , Chairman and Chief Executive Officer, will present ... Ideas Conference 2014 on Tuesday, September 9, 2014 at ... the Omni Berkshire Place Hotel in New ...
Breaking Medicine Technology:District Court Decision Received In Remodulin Patent Case 2Unilife Corporation to Announce Financial Results for Fiscal Year 2014 Fourth Quarter and Year End on Tuesday, September 9, 2014 2Abaxis, Inc. to Present at CL King's 12th Annual Best Ideas Conference 2014 2
... Colo., Oct. 7 Waleed Danho, Ph.D., Distinguished Research ... 2009 recipient of the Meienhofer Award for excellence in ... RCCPS ( http://www.rochecolorado.com/PeptideSymp09/ ). Hosted ... Boulder, RCCPS is the only global conference exclusively dedicated ...
... Biomedical Corporation, a leading developer of whole blood analyzers, ... Sanvita CBGM, LLC, has completed the acquisition of certain ... Inc. , Nova Biomedical is the sole ... Monitoring (CBGM) subsidiary has become the exclusive distributor, of ...
Cached Medicine Technology:Roche Scientist Recognized for Excellence in Peptide Chemistry 2Roche Scientist Recognized for Excellence in Peptide Chemistry 3Roche Scientist Recognized for Excellence in Peptide Chemistry 4Subsidiary of Nova Biomedical Completes Acquisition of Assets of CCS Medical's Subsidiary, Sanvita, Inc. 2
... ,The LMA ProSeal™ is the most ... enables seal pressures of 30cm H2O and ... separates the alimentary and respiratory tracts. These ... enable longer periods of ventilation with minimal ...
... superior, disposable supraglottic airway tool that utilizes ... design to provide the best non-intubating airway ... a safe, reliable, cost effective and efficient ... laryngoscopy is not feasible or attainable. With ...
... material, Available in even sizes 20-36F. Single ... maximizing patient comfort. The Latex-Free Robertazzi is ... while offering the best solution for latex ... to offer a quality latex-free product as ...
Soft red rubber. Adjustable flange. Pediatric sizes available....
Medicine Products: