News Headlines Article

Sebelius Blasts Insurance Rates, But Insurers Fire Right Back
HC Pro - Joe Cantlupe, for HealthLeaders Media

HHS Secretary Kathleen Sebelius on Thursday criticized what she termed the “shocking” and “skyrocketing” proposed individual coverage rate hikes in seven states, from 23% in Maine to 59% in Michigan. Touting healthcare reform, Sebelius unveiled a new report, Insurance Companies Prosper, Families Suffer: Our Broken Health Insurance System, which she said pinpointed “wildly excessive” profits among the country’s largest insurers and the lack of competition that will “lock people out and throw them out of the marketplace.”