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Potential Impact of Health Reform on the Cost of Private Health Insurance Coverage

By: firesisle send a private message
Colorado Springs : CO : USA | about 1 month ago  
Views: 45
Money

One of the world's largest professional service firms, PriceWaterhouseCoopers, whose list of clients is like a Who's-Who of worldwide industry, has recently released a report, analyzing the potential impact of health reform on the cost of private health insurance coverage. Their conclusions are staggering.

They predict, that on average, the cost of private health insurance will increase:

26 percent between 2009 and 2013 under the current system and by 40 percent under the proposed legislation.

50 percent between 2009 and 2016 under the current system, and by 73 percent under the proposed legislation.

79 percent between 2009 and 2019 under the current system, and by 111 percent under the proposed legislation.

Read the entire analysis here: Potential Impact of Health Reform on the Cost of Private Health Insurance Coverage.

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  • Posted By Write4Life Write4Life | about 1 month ago
    Thanks firesisle. It's important that people understand the ramifications of this bill.
  • Posted By firesisle firesisle | about 1 month ago
    Thanks for checkin' it out!
  • Posted By BorderExplorer BorderExplorer | about 1 month ago
    Oh my, I've got some studying to do...Seems to me that the only people benefiting from this "reform" are the insurance companies.
  • Posted By ahol888 ahol888 | about 1 month ago
    Yep, the CBO states that there is a $398 billion dollar deficit in the bill that can only be made up by spiking insurance policy prices.
  • Posted By enawemag enawemag | about 1 month ago
    The numbers in this report are so bad that even the firm that put it together is backing away from its conclusions.
  • Posted By firesisle firesisle | about 1 month ago
    Thanks for the update... I'll look into it... on the surface it appears you may certainly be correct.
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