FOR IMMEDIATE RELEASE
Contacts: Suzy DeFrancis (202) 973-3610 Renae Newmiller
(202) 973-1376
Kennedy-Dingell Bill has "significant effect on costs," says
CBONew ad points to Kennedy Care’s costly impact on families
Washington, DC, April 29, 1999 – In light of the revised
estimates released Monday by the non-partisan Congressional Budget Office
(CBO), the Health Benefits Coalition is running a new ad in today’s
Roll Call, warning that the Kennedy-Dingell Patients’ Bill of
Rights would raise health care costs by $350 more for family coverage and
increase the number of uninsured Americans by nearly 2 million. Polls show
support for a patients’ bill of rights drops dramatically once the public
learns its impact on costs and coverage.
"Can families in your state afford higher health care costs?" questions
the ad. "It’s more bad news for American families, at a time when health
costs are already on the rise and the number of uninsured is already
growing." (Ad attached)
CBO said the Kennedy-Dingell bill would increase premiums by 6.1
percent - a 50 percent increase over its last estimate of 4.1 percent nine
months ago. According to CBO, the Kennedy-Dingell bill will have "a
significant effect on the costs of private insurance." Additionally, the
private sector mandates in Kennedy-Dingell would total nearly $56 billion
over the 2000-2004 period.
"Hard-working Americans shouldn’t have to pay for the consequences of
big-government mandates," stated Dan Danner, chairman of the Health
Benefits Coalition. "The Kennedy-Dingell bill would force families and
businesses to pay much more— taking us back to the days of double digit
increases in health care premiums."
U.S. employers already face a predicted increase of 9% in health care
costs in 1999 – nearly three times as much as 1998 and the biggest
increase in seven years (William Mercer, Inc.). For small businesses, the
increase may be even more severe— as much as 20 percent or more. Federal
mandates on top of these predicted increases could make health insurance
too expensive for many employers to provide— or too costly for employees
to afford.
"Families and employers are already struggling with rising health care
costs," said Danner. "Congress should oppose any legislation that raises
costs on American families and forces millions more into the ranks of the
uninsured."
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The Health Benefits Coalition is a broad-based organization
representing three million employers providing health care coverage to
more than 100 million employees and families. The coalition believes
affordable, quality health care is best achieved through broader coverage,
choice and competition in the marketplace -not government
mandates.
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