High Cost of Health Care

Comment #4,      9/5/10

It’s time our state gets serious about protecting residents from outrageous health insurance rate hikes that put decent coverage out of reach for many. I urge you to publicly examine the surplus profits of health insurers operating in our state, and make sure they are not taking advantage of residents by squirreling away huge amounts of surplus profits while continually raising our rates.

Rising insurance costs are one of the biggest burdens on residents in our state. Please read this new report here at http://cu.convio.net/SurplusReport, and if you have more questions, contact Blake Hutson at Consumers Union at hutsma@consumer.org.

Please take the necessary action to reject rate hikes for any insurer in our state that has more surplus profit than is needed for solvency protection.

Source:  prescriptionforchange.org

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