FACT CHECK: Small Businesses and Health Care Costs
Posted by The Campaign on February 03, 2010 at 5:57 PM
In December, AHIP sent a letter to Capitol Hill discussing the cause for rising health care costs particularly for small businesses. Below are some key highlights from this letter:
Data from NHE "...show that increases in premiums are driven by the growth in the cost of health care services and that plan administrative costs are rising at far lower rates than the cost of care."
"...all 50 states and the District of Columbia impose restrictions on the premiums that may be charged for health insurance coverage and require certification that premium increases be consistent with actuarial standards with respect to cost trends and benefits provided."
For more click here for the full letter.
