New health bill would raise rates, says insurance group

The insurance industry plans to strike out against President Obama's healthcare overhaul effort with a report warning that the typical family premium in 2019 could cost $4,000 more than projected. Industry officials said they intend to circulate the report prepared by PricewaterhouseCoopers on Capitol Hill and promote it in new advertisements. Administration officials questioned the timing and authorship of the report, which was paid for by America's Health Insurance Plans, reports the Washington Post.