WASHINGTON, Feb. 22 -- The AARP issued the following news release:
AARP Executive Vice President Nancy LeaMond today released the following statement reacting to the announced final rule from the U.S. Department of Health and Human Services that next year insurers will not be able to charge older Americans - specifically 50-to-64 year-olds - more than three times as much due to their age for health insurance:"This rule limiting how health insurers can vary premiums based on age is an important step forward in the implementation of the Affordable Care Act and in making health insurance affordable for all Americans.
"Implementing a limited use of age rating immediately thwarts what would have been a negative and disproportionate effect on Americans aged 50-64 if they could not obtain affordable health insurance at a time when they need at most.
"Ending the discriminatory practice of charging older Americans more for coverage based on their age is only one of a number of policy changes that will ensure access to affordable coverage and lead to insurance policies with greater value than those commonly purchased in the non-group market today.
"This rule is one more important step in the implementation of the Affordable Care Act that will lead to greater and more comprehensive coverage for all Americans, young and old."
TNS-AD130223-4215575 StaffFurigay
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