"Misinformation"
This really chaps me.
Health care reform is passed by Congress earlier this year with the promise of lowering health costs an increasing access to care.
The legislation mandates that health plans allow "dependents" (with a new definition of dependent that in no way resembles a dependent) to stay on health plans until the age of 26.
The law also requires plans to eliminate any coverage maximums - lifetime or annual.
What this means is that individuals who were previously off group health plans will be added back on plans and that plans will no longer be able to limit liabilities by including annual or lifetime benefit maximums.
Now, you may believe that these requirements are good for society, but if I asked you whether such changes would increase or decrease the cost of a health insurance plan and you were honest in your answer, you would conclude that they would increase the cost of a policy.
Fast forward to this story at Bloomberg where Health and Human Services Secretary Kathleen Sebelius is reported to be upset that insurance companies are saying that health care reform legislation will increase premiums:
Health care reform is passed by Congress earlier this year with the promise of lowering health costs an increasing access to care.
The legislation mandates that health plans allow "dependents" (with a new definition of dependent that in no way resembles a dependent) to stay on health plans until the age of 26.
The law also requires plans to eliminate any coverage maximums - lifetime or annual.
What this means is that individuals who were previously off group health plans will be added back on plans and that plans will no longer be able to limit liabilities by including annual or lifetime benefit maximums.
Now, you may believe that these requirements are good for society, but if I asked you whether such changes would increase or decrease the cost of a health insurance plan and you were honest in your answer, you would conclude that they would increase the cost of a policy.
Fast forward to this story at Bloomberg where Health and Human Services Secretary Kathleen Sebelius is reported to be upset that insurance companies are saying that health care reform legislation will increase premiums:
"Health insurers were criticized by U.S. Health and Human Services Secretary Kathleen Sebelius for “falsely blaming” premium increases on the health law signed in March by President Barack Obama.
Sebelius said in a letter today that insurers should immediately stop spreading “misinformation” about the health law. The letter did not name any insurers and was sent to Karen Ignagni, chief executive officer of America’s Health Insurance Plans, the Washington trade group representing the industry."
Who is spreading misinformation?
For some very good reporting on the health care reform law's impact on health care costs read here and here.
Update: Here.



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