Fine Print: Finance Bill May Cause Consumer Sticker Shock
Main Category: Health Insurance / Medical InsuranceArticle Date: 30 Oct 2009 - 3:00 PDT
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Kaiser Health News staff writer Julie Appleby reports on how the fine print of the Senate Finance Committee's health bill could impact some lower- and middle-class consumers. Proponents of the measure "say the legislation will limit the amount that lower- and middle-income people must pay for health insurance to a maximum of 12 percent of their incomes. But there's a catch: The fine print shows that, over time, the premium costs could rise well beyond those caps. That's because the cost of coverage would shift from a percentage of income to a percentage of the premium, no matter how high the premiums go" (10/29). Read entire story.
This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org.
© Henry J. Kaiser Family Foundation. All rights reserved.
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MLA
15 Feb. 2012. <http://www.medicalnewstoday.com/releases/169260.php>
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http://www.medicalnewstoday.com/releases/169260.php.
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