RSSCBO: Senate health plan to raise premiums
From: The Washington Times | December 1, 2009
People who purchase health care individually could face premium hikes of up to 13 percent under the Senate health care overhaul, but the vast majority of Americans would not be hit by rate increases, according to a new report that drove the first day of contentious debate on the Democrats' legislation. The Congressional Budget Office (CBO), a nonpartisan budget-keeper, found that the approximately 18 million people who buy insurance on the individual market and qualify for new income-based tax subsidies would see their costs fall by more than half; the 14 million people who don't qualify would see their costs ...
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