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Specter plans to query Health Insurance execs

Sen. Arlen Specter, D-Pa., Will carry health insurance executives before Congress to inform them of Grill rate hikes.

Mr. Specter has announce to the Senate floor this afternoon with Sen. Tom Harkin, D-Iowa, that they seek a hearing next week in health, education, labor and pensions, which Mr. Harkin chairs, on health insurance costs for small businesses.

Mr. Specter's Interest in the subject was awakened, he said, by a story in Sunday's New York Times that the targeted rising health care costs of small businesses --- including Susquehanna Glass in Columbia, Lancaster County. Mr. Specter called Mr. Harkin yesterday to inform him about the article, and the two decided to pursue a hearing.

The Times reported anecdotal evidence of insurance premiums to increase dramatically for the next year, settlement, it could result in the profit pressures of to trade on Wall Street or the motivation ahead of the Congress measures to reform the health system - which is usually focused on a reform of insurance practices.

"If they justify the price increases, let them tell us what it is," Mr. Specter said. "Let them produce their books and records if, for a legitimate basis for their propagation have. "

Mr. Harkin said the hearing representatives of small businesses and insurance companies are to solve the problem.

Both senators said the hearing would be a vehicle to gain support for his proposed "public Option, because a small company that faces high premiums could opt for a government-run insurer instead of a private company.

"If that's true," said Specter said the Times story, "it just stressed again the need to have some competition to competition, not on Wall Street will have pork. An open option is not to Wall Street ankles. "

Senate Majority Leader Harry Reid announced today that a merged Senate bill is a public option, but the individual states, the use of IT include opt. The Specter-Harkin hearing come around the same time, the Debate begins on the ground of health care bill.

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