October 12, 2009

LOOKS LIKE SOMEONE REALIZES THEY NEEDN'T FEAR THE UNICORN RIDER:

Insurers Mount Attack Against Health Reform (AP, October 11, 2009)


After working for months behind the scenes to help shape health care reform, the insurance industry is now sharply attacking the emerging plan with a report that maintains Senate legislation would increase the cost of a typical policy by hundreds, or even thousands, of dollars a year. [...]

Late Sunday, the industry trade group America's Health Insurance Plans sent its member companies a new accounting firm study that projects the legislation would add $1,700 a year to the cost of family coverage in 2013, when most of the major provisions in the bill would be in effect.

Premiums for a single person would go up by $600 more than would be the case without the legislation, the PricewaterhouseCoopers analysis concluded in the study commissioned by the insurance group.

Posted by Orrin Judd at October 12, 2009 5:48 AM
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