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Conning: Health Increases Could Draw Intervention

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NU Online News Service, Dec. 4, 10:29 a.m. – Increases in prices and profits at managed care companies could lead to government intervention, according to the latest managed care industry overview report from Conning Research & Consulting Inc., Hartford.

“Higher premiums and record profits play well on Wall Street, but higher prices are causing employers to require higher premium contributions from employees or, in some cases, to drop employee health coverage entirely,” Robert Booz, a Conning vice president who worked on the report, says in a statement. “To keep the percentage of uninsured Americans from rising, the government could take action.”