Subscribe to InsuranceNewsNet Magazine for FREE




OAHP health reform

E-mail Article Print Article Free Newsletter
 
Copyright:U.S. Newswire Corp.
Source:U.S. Newswire
Wordcount:

BC-OAHP-health-reform

To: STATE EDITORS

Contact: Lisa Hackley, OAHP, +1-614-228-4662

COLUMBUS, Ohio, Nov. 6 /PRNewswire-USNewswire/ -- The Ohio Association of

Health Plans (OAHP) today warned that Ohioans could experience higher health

care premiums and less robust benefits if proposals being considered by

Congress as part of comprehensive health care reform were to become law.

If the reforms proposed by the Senate Finance Committee were enacted,

average claims per member in Ohio would increase 60% over five years in the

individual market and 24% in the small group market, according to data from

the Kaiser Family Foundation, WellPoint and America's Health Insurance Plans.

Premiums on the individual market in Ohio could increase 49% over ten

years and 28% over ten years in the small group market.

The House health care reform proposal, which will be debated and voted on

before the Senate bill, would strip $170 billion from Medicare Advantage over

ten years. This would have a catastrophic effect on the nearly 500,000 Ohio

seniors who rely on Medicare Advantage plans to get their health care.

The cuts to the Medicare Advantage program are likely to mean fewer

benefits and higher out of pocket costs, while many seniors could be at risk

of losing their coverage altogether.

"Our leaders in Congress made a promise to Ohioans that health care reform

would make care more affordable for everyone and that you could keep your





coverage if you were satisfied with it," said Kelly McGivern, president and

CEO of OAHP, "What we're seeing with the proposals which are being debated in

Washington is promises made, promises broken."

Recent research has shown that health care in Ohio will become even more

expensive as a result of the current legislation that does not include a

workable individual mandate; would impose excise taxes that will be passed on

to premiums; taxes high-value health plans and cost-shifts as a result of

significant cuts to Medicare Advantage.

A recent actuarial analysis conducted by WellPoint, which has a major

presence in Ohio, estimates premium increases at 122% for individuals of

average age and heath.

McGivern concluded, "From the beginning of the health care reform debate,

Ohio health plans have been firmly in the camp of reform. We agree that

health care costs too much, that everyone needs to get covered and that we

have to act to improve quality.

"Unfortunately, the proposals being considered by Congress would do

nothing to make health care more affordable for working families and

individuals in Ohio - and they could strip coverage away from thousands of

seniors statewide."

The U.S. House of Representatives is expected to vote on its version of

health care reform legislation this weekend or early next week. The U.S.

Senate is awaiting a fiscal estimate by the Congressional Budget Office before

unveiling its final version of health care reform legislation.

SOURCE Ohio Association of Health Plans

-0-



This is a news service of Thomson Business Intelligence Service ©2006. This content is for your personal use only, subject to Terms and Conditions. No redistribution allowed.



Back to Top E-mail Article Format for Printing




Free Newsletter
Edit My Newsletters
Advertising Info
PR/Press Release Service
Add INN To Your Website


Insurance Newswires
FREE L&H Magazine
Multimedia Center
International News    Premium Content
Law & Regulation    Premium Content
Reinsurance News    Premium Content
Technology News    Premium Content



Insurance Newswires
A.M. Best Affirms Ratings of Mondial Assistance International AG and Jefferson Insurance Company
Medical Properties Trust, Inc. in Settlement of Litigation
IL The Allstate Found
Analyst Choice Initiates Independent Research Coverage on the Financial, Services and Consumer Goods Sector
James Scott Farrin Attorney Rick Fleming to Speak at Conference
Seattle hospital says it may not accept insurer
Wall St Sense Unbiased Analysis on WellPoint Inc., NYSE Euronext Inc., Coventry Health Care Inc., National Oilwell Varco Incorporated, Total System Services Inc. and MGIC Investment Corp.
Tower Group CFO Colalucci to retire in March
Fairfax Voluntarily Delisting From NYSE
RiskMetrics Group Releases 2010 Proxy Voting Updates

Health Insurance Quotes
Find a plan today! View quotes online. Get expert advice absolutely free.

Discover the power of knowledge and boost your sales in 2009
Get all your news in one convenient format - the new InsuranceNewsNet Magazine.
Subscribe now FREE.

Free Insurance Leads
Free 12-Part Marketing Course Reveals All...

Tired of Committing to Unproven Health Leads?
ASAP Quotes: Quality Health Leads The Way You Want Them. No Contract. No Minimums. No Pressure.


SUBSCRIBE      ADVERTISING      ABOUT US      PRIVACY      TERMS & CONDITIONS          














Insurance News Net Site Map