News Headlines Article

Biden: Insurers Need to Abide by New Ground Rules
HC Pro - Janice Simmons

Current proposals on Capitol Hill for reforming healthcare will not hurt health insurers’ ability to compete and earn in the healthcare marketplace, Vice President Joe Biden told a meeting of insurance regulators on Tuesday. However, these companies need to be “held accountable” as they conduct their business. Biden released a new report from the White House that found health insurance premiums “have gone up between 90% to 150% over the last decade—far faster than wages and inflation.”