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Foundation suggests Schwarzenegger health plan's success depends on affordability

Published in Drug Law Weekly, February 6th, 2007

The Foundation for Taxpayer and Consumer Rights (FTCR) said that the outlines of Gov. Schwarzenegger's health insurance reform plan address some of the most pernicious insurance industry practices but fail to guarantee that health insurance policies will be truly affordable and that the policies' benefits will be protective enough.

FTCR gave Schwarzenegger a thumbs-up for requiring insurers to sell all Californians health policies, to limit charges based on medical condition, to limit patient out-of-pocket maximums and to limit overhead and profits for insurers to 15%. However, Schwarzenegger would force every individual to buy insurance but the plan does not guarantee...

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