05/07/2010 05:12 am ET Updated May 25, 2011

Durbin Takes Hard Line On Rising Insurance Costs

Small businesses and ordinary citizens are suffering under the crushing increases in health insurance premiums, U.S. Sen. Dick Durbin, D-Ill., said today at a press conference with Chicago-area business owners and residents meant to underscore the need for healthcare reform.

"The outrageous premium prices which they have been pushing on the American people in order to drive up their profits are unacceptable and unfair," Durbin said. "We're going to start watching them more closely, requiring them to spend a higher percentage of premiums going for actual medical care. The party's over."

Read more on Chicago Tribune