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Article: HIAA: 'cause for concern' in Bush's health proposal. (Health Insurance Association of America cautious about George Bush's health care reform plan)
- Article from:
- National Underwriter Life & Health-Financial Services Edition
- Article date:
- February 17, 1992
- Author:
CopyrightCOPYRIGHT 1992 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON--While commending President Bush for proposing a health care reform plan that builds on the private system, the Health Insurance Association of America has told member companies that several aspects of the plan are "cause for great concern."
In a Feb. 6 letter, which National Underwriter obtained, HIAA President Carl J. Schramm told chief executive officers of member companies that the plan phases in "flat community rating" for health risk pools in five years.
"The pooling proposal both eliminates convention use of medical underwriting and phases in flat community rating," he said.
Furthermore, the pooling proposal "is backed by a ...