Consumers enrolled in Obamacare will see an
increase in their insurance premium rates next year that will
“easily” outpace inflation, with every insurer in at least one
state opting for rate increases, The Wall Street Journal
reported.
According to official filings by insurance companies in Virginia for 2015, average rate increases range from 3.3 percent to as high as 16.6 percent for those enrolled in the online exchange, depending on the type of plan a consumer holds.
The rate increases are directly related to the new costs insurers face under the Affordable Care Act due to the higher expense of insuring less healthy, previously uninsured enrollees, and also because of the new fees insurers are facing under the new healthcare law, one company, Anthem HealthKeepers Inc., told the Journal.
Virginia is the first state to publicly release rate proposals for 2015, with other states expected to follow as early as this week, according to the Journal. In most parts of the country, figures will not be available until late summer.
According to official filings by insurance companies in Virginia for 2015, average rate increases range from 3.3 percent to as high as 16.6 percent for those enrolled in the online exchange, depending on the type of plan a consumer holds.
The rate increases are directly related to the new costs insurers face under the Affordable Care Act due to the higher expense of insuring less healthy, previously uninsured enrollees, and also because of the new fees insurers are facing under the new healthcare law, one company, Anthem HealthKeepers Inc., told the Journal.
Virginia is the first state to publicly release rate proposals for 2015, with other states expected to follow as early as this week, according to the Journal. In most parts of the country, figures will not be available until late summer.
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Read more at http://investmentwatchblog.com/filings-show-obamacare-premium-rises-to-outpace-inflation/#rczH6iGclAic87kX.99
A Montage of Obama’s “If You Like Your Plan Keep …:
Read more at http://investmentwatchblog.com/filings-show-obamacare-premium-rises-to-outpace-inflation/#rczH6iGclAic87kX.99
Read more at http://investmentwatchblog.com/filings-show-obamacare-premium-rises-to-outpace-inflation/#rczH6iGclAic87kX.99
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