Your Health Dollars: Protecting Your Healthcare Dollars

Consumers Hit With Huge Rate Increases While Health Industry Political Spending Increases 14%

Posted by Laurie Sobel on 02/17/10 at 10:28 am

As reported by Time today, consumers in California, Maine, Indiana, and Oregon are being hit with rate increases of at least 15%.   Medical Inflation is at 9%. 

13 million Americans buy insurance for themselves.   As more employers drop coverage, more Americans will be forced into the individual market – where they have no ability to negotiate on price.

In an interesting related news, USA Today reported  the top 15 Health Trade Groups increased their political spending in 2009 by 14%.   

Consumers need to know where their premiums dollars go.   The time for rate reform is now.

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