While I listened to the Senator from Colorado explain the increase in premiums, he suggested premiums had gone up 12 percent last year, and they anticipated they would come up 13 percent nationwide this year and the following year, which suggests that in a 3-year period of time, the Senator from Colorado tells us, we are going to see a 38-percent increase in health insurance premiums. Going back to a point earlier, how much will the Kennedy-Edwards- McCain bill increase premiums each year over the next 5 years if we are going to have 38 percent in 3 years, just the natural increase in health insurance; how much will this legislation we are debating add to that cost?
On the recordJune 26, 2001
Source
govinfo.govEditor's note · Context
Discussing the projected increase in health insurance premiums during a debate on health care legislation.
Share
More from Dick Durbin
Aug 17, 2026
Nominations hearings, like this one today, are an essential part of the Senate’s role in providing advice and consent on presidential nominees. This constitutional duty is a critical check on the Executive Branch. And it has never been…
Aug 14, 2026
Small businesses need more support right now, and that’s exactly what the EBC is offering.
Aug 24, 2026
The lawmakers also emphasized that the Trump Administration’s definition of medical frailty far exceeds what is outlined in the law itself and creates additional onerous barriers for both patients and states.





