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Byline: Judith Graham
Nov. 14--The insurance industry proposed an ambitious plan Monday to cover as many as 45 million uninsured Americans, adopting a pro-health reform posture that would have been unthinkable a decade ago. "We think covering the uninsured should be the nation's No. 1 domestic policy priority," said Karen Ignagni, president of America's Health Insurance Plans, the nation's leading health insurance trade group.
The organization called on the federal government to spend an additional $300 billion over 10 years to expand public health programs for poor Americans, offer subsidies to working families to buy medical coverage, and support state health reform efforts. But there are no specifics on how the proposals would be financed or provisions for taming rapidly escalating costs. The first priority should be providing insurance protection to almost all of the nation's children in three years, Ignagni said. Then the focus should turn to programs that will aid adults, including new…
Source: HighBeam Research, Insurers offer plan to cover uninsured: Industry group calls it...