health
Why? Because Congress wants to impose a tax of $ 6.7 billion for the premium on all private insurance plans each year for the next decade to pay for reform.
This is a fee of $ 67 billion.
Health plans have no choice but to pass these costs on to consumers. This tax will become more difficult for families to afford insurance, increase the difficulty for homeowners to small businesses seeking to guarantee workers and slow job creation.
In Florida, small businesses are the backbone of our economy. This tax will affect our economy especially hard. It is simply not what the families and Small businesses need and take them out of a severe recession.
The Budget Office Congress has estimated the tax and found This will lead to "higher premiums for private insurance. CBO estimates that premiums for coverage nonpartisan individual could increase to 13 percent.
This tax may also be bad for the insured, because it can damage the ability of plans Health to provide all the benefits that members expect.
Because the Congress is willing to impose this tax health insurance in 2010. It was after the families have already signed up for coverage for next year, and after small companies have already negotiated contracts for coverage.
The result? Health Plans May not receive a sufficient premium to cover the massive costs of taxes and profits could suffer.
Unfortunately, health plans have been demonized in the pursuit of reform. But in reality, this is true to say that health plans make a lot of money, profit margins are actually very low.
In 2008, private insurance of $ 8.61 billion in total revenues nationwide, according to Forbes magazine. The profit margin industry was only 2.2 percent, health plans rank 35th among the 53 sectors in terms of profitability.
As President and CEO of HealthCare Santafé – The parent company of AvMed Health Plans – I'm very concerned about this proposed tax. As one of Florida's oldest and largest nonprofit health plans in AvMed profit reinvests its profits each year to continually improve benefits and services offered to members in Orlando and elsewhere.
Clearly, insurance fiscal health eliminates most of our annual income is counter-productive to our mission. Certainly, congressional leaders, must understand that this tax does not make sense.
There are better ways to pay for the health of AvMed that systemic reform of health care and support plans.
Instead of taxing insurance health, Congress should focus on the underlying costs of medical care. We can make major savings by eliminating unnecessary treatment and services, eradication of widespread fraud and even frivolous medical lawsuits filed by lawyers.
Health reform should not be detrimental to families Florida and small businesses. , Does not prevent the ability of health plans to provide benefits.
When time runs out.
Contact congressional representative and two senators from Florida today. Ask them to vote against the adverse health insurance tax. We can achieve reform, it is true in a more sustainable.
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Article Source: ArticlesBase.com – Premium tax would hike health-insurance costs
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September 3rd, 2010 at 10:08 am
Nice level of facts right here. There is certainly so considerably data close to about this topic that sometimes you cannot see the wood for the trees but you could have pitched this at just the proper level so that the lay individual can understand – thank you!
March 21st, 2011 at 7:12 pm
Dedicated. Committed. Driven. Focused. Disciplined. Determined. This is how we often describe the effort we put into developing our physiques. In other words, we work hard!