By Padmini Arhant
As stated earlier in the blogposts – National Health Care legislation – March 29, 2010, Universal Health Care – Single Payer System under ‘Health’ category on April 8, 2010, the certainty regarding premium hikes by the Health insurance industry has prompted the legislators to introduce a bill seeking federal regulation on health rates.
According to “The New York Times”, report dated April 21, 2010
By Robert Pear – Thank you.
Democrats seek federal regulation of health rates
“Senators say they fear insurers will raise premiums.”
Washington – Fearing that health insurance premiums may shoot up in the next few years,
Senate Democrats laid a foundation Tuesday for federal regulation of rates, four weeks after President Barack Obama signed a law intended to rein in soaring health costs.
After a hearing on the issue, the chairman of the Senate health committee, Tom Harkin, D-Iowa, said he intended to move this year on legislation that would “provide an important check on unjustified premiums.”
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Thank you.
Padmini Arhant
