The day before the Senate Finance Committee is scheduled to vote on the health care reform bill authored by Senator Max Baucus, health insurers announced they plan to issue a report warning that typical families will end up paying a lot more for their health insurance. From today’s Philadelphia Inquirer website article:
“The report makes clear that several major provisions in the current legislative proposal will cause health-care costs to increase far faster and higher than they would under the current system,” Karen Ignagni, AHIP’s (America’s Health Insurance Plans) president and chief executive, wrote to board members yesterday.
“Between 2010 and 2019, the cumulative increases in the cost of a typical family policy under this reform proposal will be approximately $20,700 more than it would be under the current system.”
Administration officials and Democratic leaders in Congress questioned the insurance industry’s timing of this announcement and report. From the same article:
Democrats blasted the industry’s decision to release the report.
“Now that health-care reform grows ever closer, these health insurers are breaking out the same, tired playbook of deception to prevent millions of Americans from getting the affordable, accessible care they need,” said finance committee spokesman Scott Mulhauser. “It’s a health-insurance company hatchet job, plain and simple.”
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