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Obama Health Proposal Could Reduce Texas Insurance Premiums

It may come as a surprise to those not familiar with Texas politics that Texas does not review most increases in health insurance premiums. Not unless the premium increase is for more than 50% annually. Everything else is fair game. An insurance company can increase premiums 49% per year every year and that would be fine with the State of Texas.

But now we have a health care proposal from the Obama administration that would allow the federal government to review “excessive” health insurance premium increases. The federal government would be able to stop a rate increase it considered unjustified. Whether this is government intervention or consumer protection depends on your point of view, and maybe on whether you’re a health insurance company executive.

Bob Kraft

I am a Dallas, Texas lawyer who has had the privilege of helping thousands of clients since 1971 in the areas of Personal Injury law and Social Security Disability.

About This Blog

The title of this blog reflects my attitude toward those government agencies and insurance companies that routinely mistreat injured or disabled people. As a Dallas, Texas lawyer, I've spent more than 45 years trying to help those poor folk, and I have been frustrated daily by the actions of the people on the other side of their claims. (Sorry if I offended you...)

If you find this type of information interesting or helpful, please visit my law firm's main website at KraftLaw.com. You will find many more articles and links. Thank you for your time.

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