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Bill would increase
premiums by 6 percent
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Release Date:
04/29/99
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The Congressional Budget
Office says the Patient's Bill of Rights
legislation sponsored by Sen. Edward M. Kennedy
would increase the cost of the average health
care premium by 6 percent. The premium cost
estimate is 50 percent higher than it was nine
months ago.
If the CBO estimate went up
by 50 percent after just nine months, in the
real world, how much will this premium go up
when this bill is actually enacted, says Dan
Danner, NFIB's vice president of Federal Public
Policy.
Small business owners cite the
high cost of health care as the number one
problem for their business. Kennedy's
legislation would increase costs by slapping new
mandates on health plans and exposing small
business owners to greater liability from
lawsuits.
4.29.1999
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