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Health Insurance Premiums Driven by Rising Underlying Costs
CAHP Press Release - January 4, 2012

The California HealthCare Foundation released a report today on 2011 trends in employer health benefits. While the report notes that health insurance premiums have risen since 2002, it does not look at the underlying costs that drive insurance premiums...

Following is a statement from Patrick Johnston, President and CEO of the California Association of Health Plans (CAHP):

"The Affordable Care Act will offer consumers some relief with expansion of the Medi-Cal program and federal subsidies for health coverage through the state health benefit exchange.

"However, if California doesn't address the factors that drive up the cost of private insurance, such as grossly underfunded government insurance programs, high prescription drug prices and the increasing cost of chronic illnesses, underlying costs will continue push up the price of coverage."

Click here for full press release.