Some health insurance companies have announced they will seek rate increases for health plans starting next month and the Department of health and Human services (HHS) and the white House have given quite a response. They decided to announce that any company that increases the unjustified rates may be excluded from health care reform trade in 2014.
Kathleen Sebelius sent a letter to Karen Ignagni, the president of the America 's reports health insurance plans Time . in the letter, she noted that HHS has already given the state subsidies to protect against unjustified rate increases and they note when business unjustifiable increases the rate of exclusion in trade.
It has not yet been determined whether each state will exclude these some companies and the fact that there may be legal grounds for the threat
Karen Ignagni Sebelius answered by saying. "this" basic law of its economy that additional benefits incur additional costs, and the impact on premiums depends on the type and quantity of cover insured had before. "
government said that health insurance premiums should not increase by more than 1-2 per cent. But the point Ignagni trying to make is that the rate increases will depend on the type of policy which is administered. When children are guaranteed an independent health insurance coverage for pre-existing conditions, it is expected that the policies of the only child premiums increase dramatically.
the insurance companies disease will probably change their minds when they realize that the government will try to do something to keep rates low throughout the implementation of the reform.
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