I'm honestly shocked to see how little some people make claims about this bill who have not taken the time to read it. This bill was clearly designed to do one thing well: Bust the rate control owned by the Insurance Industry. The Insurance Industry has been screwing the people over and this bill will turn the tables on them quite clearly.
Here are some specific parts of the bill that will bust Premium Rates and make them more affordable:
Sec. 102. Medical loss ratio min. 85%, forced rebate of excess.
Sec. 104. Exposure of price gouging by insurers
Sec. 109. No lifetime limits
Sec. 213. Insurance Rating RULES.
Sec. 217. Advance notice of planned rate increases to allow for review/denial of increase
Sec. 343. Maximum premium of Public Insurance Plan (5k / individual / year ; 10k / family / year in highest income bracket) - private plans must compete with this in the Exchange
The bill also ends exemption from anti-trust for the Insurance Industry. They will no longer control the market, competition or premiums. They will be forced to compete with an affordable plan. Rates will be regulated.
Read the details of these Rate Busting Regulations here:
http://docs.house.gov/rules/health/111_ahc...