Marketplace®
Every story is an economic story

Industry report may slow health reform

A report paid by the health-insurance industry claims that the reform bill advancing in the Senate may drive up costs. But Democrats are attacking the report as inaccurate. Steve Henn reports.

Download

TEXT OF STORY

Bill Radke: A new report — paid for by the insurance industry — claims that the reform bill advancing in the Senate could drive up the costs of a typical families’ health insurance by as much as $4,000 a year. Marketplace’s Steve Henn reports Democrats and the White House are attacking the report as inaccurate and disingenuous — but it could slow the momentum for health-care reform.


Steve Henn: For months there’s been an uneasy truce between the health-insurance lobby and the White House over reform. Insurers even aired this pro-reform ad this summer.

Health-insurance ad: If everyone is covered we can make health care as affordable as possible. And the words preexisting condition become a thing of the past.

Health-insurance companies are pushing for new rules that would force everyone to buy insurance or get hit with a big fine. The Senate was worried about imposing significant fines. But without that kind of penalty, insurers argue millions of healthy people won’t buy insurance at all — and the costs for everyone else could go up.

Democrats called the insurance industry’s study flawed, disingenuous and just plan wrong.

In Washington I’m Steve Henn for Marketplace.

Related Topics

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    9 hours ago
    25:26
  • Marketplace Morning Report
    16 hours ago
    6:31
  • Marketplace Tech
    21 hours ago
    7:34
  • Million Bazillion
    2 days ago
    30:57
  • This Is Uncomfortable
    7 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33