Insurers Group Proposes Their Ideas for Universal Health Care for All Americans

December 4, 2008

(ChattahBox) — A major group representing insurers unveiled a plan to cover all Americans in a more centralized insurance market. The trade group America’s Health Insurance Plans represents companies that insure more than 200 million people in the US. The plan which has not been detailed calls for Congress to slow the growth of health-care costs by 30% in five years, envisioning a total savings of more than $500 billion. There has been increased interest in the past from the businesses, insurers and health care providers to have a more active role in shaping the reform efforts for health care insurance in the US. The series of proposals have been designed to help achieve universal coverage, control costs and improve the quality of care.

President-elect Obama had already promised a better health care system and a better plan from the government to offer insurance for everyone. Insurance for low-income Americans and prevention of stopping discrimination against the ill was one of the central feature of Barack Obama’s presidential campaign.

Obama and Senate Finance Committee Chairman Max Baucus had proposed a Medicare-style insurance option which had been opposed by the insurers (naturally). They alleged that private companies will be forced to compete with the government companies on an uneven playing field. They also did not approve of the employer mandate.

The insurers have proposed that they will stop denying insurance to those with pre-existing conditions as long as all Americans were required to have health insurance. The proposal wouldn’t require employers to provide insurance to their workers, but would add tax incentives to encourage small businesses to cover their employees.


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