UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

HHS: Some health ins. premiums soaring

|
 
Published: Feb. 18, 2010 at 8:33 PM

WASHINGTON, Feb. 18 (UPI) -- As some health insurance premiums soar, some U.S. families no longer can afford health insurance, the secretary of health and human services said.

Kathleen Sibelius, secretary of health and human services, said in a public statement that Anthem Blue Cross of California, an insurance company owned by the for-profit company WellPoint Inc., announced that its individual premiums would rise by as much as 39 percent in the coming months.

"Rising health insurance premiums are disturbing examples of the problems that make reforming our health insurance system more important than ever," Sibelius said.

"This increase isn't unique and across the country, families have seen their premiums skyrocket in recent years," Sibelius said. Sandy Praeger, a leader of the National Association of Insurance Commissioners, predicts "rate increases of 20 percent, 25 percent, 30 percent."

WellPoint and others claim that the premium increases are necessary given the rise in healthcare costs. "While rising healthcare costs is a known problem with our broken healthcare system, some of the premium increases requested by insurance companies are five to 10 times larger than the growth rate in national health expenditures," the statement said.

© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Health News Stories
1 of 17
Tornado recover efforts underway in Moore, Oklahoma
View Caption
Oklahoma Governor Mary Fallin talks to victims from the May 20 tornado that hit Moore, Oklahoma, May 22, 2013. The EF-5 tornado cut a path of destruction approximately 17 miles by 1.3 miles wide and left 24 people dead. UPI/J.P. Wilson
fark
Your neighbor is shooting rabbits with an air gun. Do you C) grab your loaded AK-47 and start threatening...
Man invents engagement ring that glows when he's near
Photoshop this gaze upon Gotham
Jodi Arias likes her juries just like her men: Hung
Polite young men who wear neckerchiefs, colorful badges and khaki shorts in public are now allowed...
Women outraged by sexist new Samsung commercial. And by women, I mean men