IL SR0254

Health insurance premiums in Illinois increased 73% between 2000 and 2007 while median earnings rose only 11%, creating affordability crisis for families and businesses.

Illinois median yearly wage in 2007 was $27,330 while average family healthcare premium was $12,153, with employers paying 77% of family coverage costs averaging $9,071 annually.

Approximately 700 Illinoisans lose health insurance daily due to the national healthcare crisis.

Senate recognizes urgent need for national healthcare reform meeting five key criteria: affordable coverage based on ability to pay, choice of insurance plans including public option, equitable access for communities of color, government regulation of insurance company practices, and cost controls through administrative efficiency and preventive care.

Encourages Illinois stakeholders to work with President Obama, Illinois Congressional delegation, and U.S. Congress leaders in 2009 to guarantee quality, affordable healthcare for all.