"This shocking increase isn't unique," said the report, being presented by Secretary Kathleen Sebelius at a news conference Thursday. "Across the country, families have seen their premiums skyrocket in recent years, and experts predict these increases will continue."
With his drive for health care overhaul bogged down, President Barack Obama has seized on the Anthem premium increases as Exhibit A to make his case for sweeping change before a bipartisan White House summit next week. California officials say 700,000 households face increases averaging 25 percent overall and as high as 39 percent for some.
The HHS report found that those numbers are in line with increases sought by insurers in other states – at a time of robust profit growth for the companies and a lack of competition in most states.
Read More...
RELATED: Big Pharma researcher admits to faking dozens of research studies for Pfizer, Merck
No comments:
Post a Comment