On the recordNovember 29, 2009
these fees would largely be passed through to consumers in the form of higher premiums for private coverage.
Said by
Evan Bayh
Source
congress.govthese fees would largely be passed through to consumers in the form of higher premiums for private coverage.
CBO indicated that insurer fees would lead to higher premiums for consumers.
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Well, and if they have to be focused on capital preservation, then obviously they are not lending, and that is yet another drag upon the recovery, isn't it?
If they become significantly affected by this, does that present a systemic risk of some kind?
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