Posts Tagged ‘hike’
Premium tax would hike health-insurance costs
Why? Because Congress desires to take on an amount of $ 6. 7000000000 insurance tax on all private health insurance each year for the next decade to pay for reform. It is a tax of $ 67,000,000,000th Health plans have no choice but to pass these costs on to consumers as. This tax can be more hard for families that provide care, try increasing the difficulty for small businesses to ensure workers and hamper job creation. In Florida, small businesses are the backbone of our economy. This tax will hit our economy very hard. It’s just not what do the families and small businesses, as they dig themselves in a severe depression. The Congressional Budget Office estimates that taxes and thought it would lead to “higher private insurance premiums.” The CBO estimates that premiums could increase for each nonpartisan coverage of up to 13 percent. This tax could also interfere with the insured because they could change the ability of health plans in order to expect all the benefits that make the members. This is because the Congress is set to impose this tax health insurance in 2010. This is signed by the families to cover up already for next year, and have already negotiated contracts for small businesses. The result? Health plans can not receive, could be an appropriate premium for the cost of comprehensive coverage of tax and suffer the benefits. Unfortunately, the health plans in the pursuit of reform have been demonized. But in reality, this is not right to say that health plans to make a lot of money, the profit margins are really quite small. In 2008, private health insurance is $ 8. 61 billion profit of the national total, according to Forbes magazine. The industry profit margin was only 2 2 percent plans, the health to 35 of 53 industries in terms of profitability rank. As President and CEO of Santa Fe Health Care – the parent company of AvMed Health Plans – I’m really concerned by this proposed tax. As one of the oldest and largest health insurance in Florida, non-profit, its profits reinvested AvMed continuously increase each year, benefits and services it offers to members in Orlando and elsewhere. Obviously, preventing a health insurance tax, most of our annual revenue cons-productive to our mission. During the congress know leaders should ensure that this tax makes significance. There are better ways to pay for the reform of health care and other support that AvMed Health Plans. Instead of exhausting health insurance, should Congress on the costs of medical care underlying gravity. We can place an end to huge savings from making unnecessary treatments and services, made the elimination of widespread fraud and ending frivolous medical study by a lawyer for the negotiation. Health reform should not harm the families of Florida and small businesses. It should not offer the ability of health insurance benefits. Press time. Please contact your congressmen and two senators in Florida today. Question them to vote hostile to this harmful tax competition health insurance. We can make a real and lasting reforms more effective ways.
