HHS warns of double-digit spike in health premiums
By RICARDO ALONSO-ZALDIVAR (AP) – 1 hour ago
Quote:
WASHINGTON — Eye-popping health insurance premium increases of up to 39 percent are a worrisome sign of the times, the Obama administration said in a report Thursday as it tried to tap public frustration with high costs to revive the stalemated effort to overhaul health care.
Proposed premium increases by WellPoint's Anthem Blue Cross for Californians purchasing their own coverage set off a wave of criticism and forced the company last week to announce a postponement. Now, the Health and Human Services Department says similar pressure on premiums is being felt in at least six other states.
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To bad the healthcare proposals in front of Congress now will not protect most of us from this type of increase.