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COPYRIGHT 2002 Thomson Financial Inc.
As health costs rise and insurers seek to bolster earnings by dropping unprofitable lines of business, groups for whom it's hard to find affordable coverage are seeing further deterioration of their ability to buy health insurance, regional press reports indicate.
In Maryland, two large insurers are leaving the state's so-called substantial affordable available coverage (SAAC) program intended for people who are bad medical risks, the Baltimore Business Journal reported Jan. 4. In addition, the state's biggest insurer, CareFirst BlueCross BlueShield, which intends to convert to a for-profit plan this year, "may not provide coverage beyond next July," the paper says.
Under SAAC, insurers...
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