For Release: June 14, 2006 Contact: Maureen Cetrino
455-2225

Breslin Study Finds HMO Profits and Premiums Soaring
Fewer Covered, Health Providers Paid Less

Senator Neil Breslin (D-Albany) today released a report documenting
the soaring profits of New York's health maintenance organizations
(HMOs) -- profits that nearly doubled over a five year period.

The study shows HMO profits increased 93 percent from 2001 to 2005,
from $672 million in 2001 to a record $1.3 billion last year. During
that five year period, HMOs in New York recorded total profits of more
than $5 billion.

<>MIDDLE SCHOOL LAPTOP PROGRAM EMPOWERED BY BREWER, DOE, AND CORPORATE PARTNERS

<>
Contact: Bruce Lai
(212) 788-6975
(347) 563-1295 <>

<>WHAT: Launch of “One-to-One in Ten: A Student Laptop Initiative”<>
WHO: Council Member Gale A. Brewer, NYC Department of Education, Apple, Dell, Intel
WHEN: Thursday, June 15, 2006, 11AM
WHERE: Joan of Arc Middle School Complex Auditorium, located @ 154 West 93 Street in Manhattan (between Columbus Avenue and Amsterdam Avenue)

FOR IMMEDIATE RELEASE CONTACT: Eric Schultz (Schumer)

June 14, 2006 (202) 224-7433

SCHUMER ANNOUNCES BANKING COMMITTEE UNANIMOUSLY PASSES BILL TO PROTECT MILITARY SERVICE MEMBERS FROM PREDATORY SALES PRACTICES AND BOGUS INSURANCE PLANS

Legislation Tightens Restrictions on Insurance Agents Investment Advisers, and Other Financial Service Providers to Prevent them from Pushing Disadvantageous Plans on Military Bases in the US and Abroad

Schumer, Original Sponsor of Bill, Secured Three Additional Provisions to Prevent Insurance Companies from Raiding Soldiers’ Savings Accounts and Require DOD, SEC and Others to Update Financial Rules