Premiums To Rise In 2011

The accounting firm of Price Waterhouse interviewed 700 actuaries and employers, asking if they planned on raising their group health insurance premiums, or expected a rise in costs in 2011, https://higginscompanies.com/faq/group-health-insurance-faq%e2%80%99s/. The report suggests that premiums will rise by 9%. For the first time ever deductibles will be $400 or higher. Still seems very low […]

High Risk Pool Troubles

Because there is only $5 billion dollars for the new federal high risk pool health insurance program, www.healthcare.gov, the government hasn’t ruled out turning away the sickly because funds have run out. The money is supposed to last until 2014 when all insurance companies are to accept everyone that applies. Administration folk say that they […]

Price Controls and Health Care

Not since Nixon has this country tried price controls. Of course this failed and lead to shortages. Now President Obama wants to try this with health insurance, warning insurers not to raise their prices recently. He increases their costs dramatically with ObamaCare, then tells them not to raise their prices. And many don’t believe that […]