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Fine print: Finance bill may cause consumer sticker shock

Published on October 30, 2009 at 4:48 AM · No Comments
Kaiser Health News staff writer Julie Appleby reports on how the fine print of the Senate Finance Committee's health bill could impact some lower- and middle-class consumers. Proponents of the measure "say the legislation will limit the amount that lower- and middle-income people must pay for health insurance to a maximum of 12 percent of their incomes. But there's a catch: The fine print shows that, over time, the premium costs could rise well beyond those caps. That's because the cost of coverage would shift from a percentage of income to a percentage of the premium, no matter how high the premiums go" (10/29). Read entire story.


http://www.kaiserhealthnews.orgThis article is republished with kind permission from our friends at The Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery of in-depth coverage of health policy developments, debates and discussions. The Daily Health Policy Report is published for Kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation. Copyright 2009 Advisory Board Company and Kaiser Family Foundation. All rights reserved.

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