Health insurance companies across the country are seeking and winning
double-digit increases in premiums for some customers. The biggest
objectives of the Obama administrations health care law was to stem
the rapid rise in insurance cost for consumers but that has not happen.
Small businesses and people who do not have employer provided insurance
are being affected the most. In California, the top Health Insurance
companies are proposing rate increases of over 20 percent for some of those
policy holders, according to the insurers' filings with the state for
2013.
The California insurance commissioner who is one of the two health plan
regulators in the state, said that without a federal provision giving all
regulators the ability to deny excessive rate increases then some insurance
companies can raise rates as must as they did before the Affordable Care Act.
Sincerely,
Tom Caress
760-413-9749
medicareplansdirect.net
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