Health Insurance Rates

pwc-logoPriceWaterhouseCoopers Health Research Institute reports that medical costs will increase 7.5% for 2013, the 4th year in a row of “relatively” flat growth.

 

indexOne of the primary “intentions” of the Patient Protection and Affordable Care Act was to control the cost of health insurance premiums.  Still insurers are submitting double digit rate increase requests — that under the law regulators are required to “review” all proposed rate increases greater than 10%  – you can track those requests and regulator’s evaluations at www.healthcare.gov

 

forbes-magazine-logoForbes’ take “Obamacare Guarantees Higher Health Insurance Premiums — $3,000+

 

Small businesses are among those most vulnerable to high rates — to over paying  — I cannot overstate the importance of careful consideration and getting good advice!

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