Following a report by the accounting firm PriceWaterhouseCoopers that warns the typical family insurance premium in 2019 could cost $4,000 more than projected under Democrats’ health care bills, companies are now offering a new line of insurance designed to help people manage the risks of large financial losses under the legislation.
In announcing the new insurance line, an industry spokesperson said “The report makes clear that along with auto, life, and home insurance, people need to insure against the substantial risks of loss under really dumb laws.”
Associated articles: Business Week; http://www.washingtonpost.com/wp-dyn/content/article/2009/10/11/AR2009101102207.html?wprss=rss_politics; http://online.wsj.com/article/SB10001424052748704107204574469100132608102.html
Tuesday, October 13, 2009
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