For Immediate Release
February 23, 2010
Contact:
Communications Coordinator
1-800-838-0388

Committee Recommends Cap Bill to Pass in Maine

 

Bipartisan Bill would Remove Lifetime and Annual Caps from Health Insurance Policies

(Augusta) Consumers for Affordable Health Care (CAHC) is pleased the Insurance and Financial Services (IFS) Committee recommended passing LD 1620, "An Act to Protect Health Care Consumers from Catastrophic Medical Debt" by a vote of nine to four.  The bill asks that lifetime and annual caps be eliminated from health insurance plans.  CAHC released a report last month, "False Security: Health Insurance That Doesn't Pay When You Need It Most," which explains why getting rid of these caps is better for Maine people and our economy. 

 

The Committee will consider an amendment to the bill February 23rd which would grandfather in a limited number of insurance plans from having to remove their caps.

 

"It's exciting to see that Maine can once again lead the nation with health insurance protections for our hard working families.  If this passes, this will be a first in the nation measure. While elimination of lifetime and annual caps is included in national health reform bills being considered by Congress, some proposals delay the provision from taking effect for many years.  We need to make sure lifetime and annual caps are prohibited immediately and do so at the state level.  It's encouraging to have the IFS Committee majority support," says CAHC Executive Director Joe Ditre.

 

Economists have proven that when people have good health coverage and can get the care they need when they need it, the cost to our community and health care system is far less than when people are uninsured.  By setting caps for people who still need care, it will not only hurt the health of our neighbors, friends and family, but it will also cost all taxpayers much more in the long run.  It just makes sense to allow people to remain on their private insurance coverage.

Consumers for Affordable Health Care is a non-profit, non-partisan organization that has been helping Maine people get quality, affordable health care for more than 20 years.
 
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For more information or to schedule interviews contact:
Cherilee Budrick, Communications Coordinator
Consumers for Affordable Health Care
207-622-7083
cbudrick@mainecahc.org
 
 
Consumers for Affordable Health Care   *    P.O. Box 2490   *   Augusta, ME   *   04330-2490
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