Senate Finance Amends Reform Bill To Allow States To Negotiate With Insurers

The Senate Finance Committee approved a handful of amendments aimed at cutting costs for consumers - although some disagree that that’s what the changes will do - in its health care reform bill Thursday. An amendment by Sen. Maria Cantwell, D-Wash., passed that would give states the power to negotiate with insurers on rates for low-income residents enrolled in a public-option-like state-based exchange.

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Filed under: Health Insurance / Medical Insurance on October 5th, 2009