Labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and lower premiums after that. We heard in our hearings last week that there was also a danger that if we
And im sorry but what you mean is when people are buying insurance if the Health Benefits are changed and insurance policies are allowed to not cover certain things is it going to become more complicated to buy insurance. Thats right, senator. I dont think others is the way to im happy to respond, senator. There is a bit of ambiguity, in my view. There is a concept thats often used referred to actuary equivalency rather than to try to look at a list of benefits and say they have to be provided at the same level you can create some flexibility. If this were a car we would say its a 25,000 car. You need a motor but some believe its also essential to have a backup camera. You could have a 200 horsepower motor or you could have a 300 horsepower motor all for 25,000. You choose the list of options and how you will weigh them. Its my view that the state flexibility would be profoundly enhanced if rather than just speak of comprehensiveness, if it could be equivalent comprehensiveness if they
Stabilize the Health Insurance market. This is two hours and 20 minutes. Senate committee on health, labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and l
Half of america. Social security numbers, birth dates, home addresses, phone numbers, even credit card numbers all in the hands of criminals. Ive heard from working families in massachusetts and all across the country since then. The equifax is a nightmare. At best it is a giant hassle. Time on hold with credit reporting agencies, fees for this service and that service, confusion about whats been stolen and what to do about it. At worst, it could be ruinous, a lifetime of responsible spending and borrowing wiped out by Identity Theft and fraud. People are outraged and rightly so. Bad enough that equifax was so sloppy that they let hackers into their system, but the companys response has been even worse. First, equifax hid the information about the breach for 40 days 40 days. Equifax gave criminals a 40day head start to use the information they had stolen while the rest of us were left in the dark. And then, when equifax fine lily decided to disclose the breach, they didnt call or send
They say theyre protesting against racism in the us and he says theyre unpatriotic. Good morning. We bought more than £500 million worth ofjune last year, thats doubled in the last six yea rs, year, thats doubled in the last six years, so year, thats doubled in the last six years, so ive come to a distillery in london to find out why its booming jim. In sport, the rain stays away in bristol. Fifa have held talks with the home nations in time for matches in november to have poppies. And carol has the weather. Rain in central uk this morning, some of it heavy. In the west, although we have fog in Northern Ireland, that will lift and Western Areas today generally seeing sunshine. More details in 15 minutes. Good morning. First, our main story. Labour will set out to unite its members over brexit today as it looks to calm growing anger over the issues that will be voted on at the party conference. The shadow brexit secretary sir keir starmer will give a speech on the issue, but there will