"Dingwood" Win Would Hurt Consumers, Employers

FOR IMMEDIATE RELEASE

October 7, 1999

CONTACT: Richard Coorsh

(202) 824-1787

rcoorsh@hiaa.org

The following statement was released today by Chip Kahn, President of the Health Insurance Association of America (HIAA):

Today’s passage of the "Dingwood" bill shows that the entrepreneurial plaintiffs’ bar and their political soulmates in the House of Representatives are interested in advancing their own financial and political interests over the needs of consumers. If the "Dingwood" bill becomes law, it will divert money away from health care into the gilded pockets of the nation’s entrepreneurial trial lawyers. It would reduce consumers’ choice of health plans. And, it would expose employers to the prospect of crippling lawsuits.

This bill is nothing less than an unbridled attack against the nation’s employer-based health insurance system, under which nearly 160 million Americans obtain affordable, high-quality health coverage. Currently, employers provide health coverage to their employees on a voluntary basis. Today’s vote sends to employers and their employees a cold, crass message: "no good deed goes unpunished."

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