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Keyword: policyholders

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  • Policyholders could pay more under Obama plan

    09/10/2009 10:22:03 PM PDT · by myknowledge · 6 replies · 569+ views
    The Assocated Press (hosted on Google) ^ | September 11, 2009 | Tom Murphy and Linda Johnson
    If President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from denying coverage — some analysts say individuals could wind up paying higher premiums. The Obama plan would impose new costs on insurance companies, which would probably then raise the prices customers pay for coverage. Employers also would likely pass on some of their higher costs to employees. An individual in a typical plan might have to pay up to $780 more for the same coverage in the first year of Obama's plan, estimates Erik Gordon, a health care analyst...