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...but the good news is, insurance rates are not increasing as fast as they have been.
Money Minute: Virginia Sees Big Rate Hikes for Obamacare - DailyFinance
by DailyFinance Staff
May 12th 2014
A first look at how much health care premiums may go up in the second year of Obamacare.
Insurance companies in Virginia have filed rate proposals for 2015 that call for significant rate increases, but nothing near the dire predictions of Obamacare opponents. The Wall Street Journal reports the proposed increases easily top overall inflation, but that's been true of health care costs for years. One of the biggest plans, Wellpoint's (WLP) Anthem HealthKeepers, is asking for an average increase of 8.5 percent. Other plans call for rate hikes of 3.3 percent to nearly 15 percent.
.
...but the good news is, insurance rates are not increasing as fast as they have been.
Money Minute: Virginia Sees Big Rate Hikes for Obamacare - DailyFinance
by DailyFinance Staff
May 12th 2014
A first look at how much health care premiums may go up in the second year of Obamacare.
Insurance companies in Virginia have filed rate proposals for 2015 that call for significant rate increases, but nothing near the dire predictions of Obamacare opponents. The Wall Street Journal reports the proposed increases easily top overall inflation, but that's been true of health care costs for years. One of the biggest plans, Wellpoint's (WLP) Anthem HealthKeepers, is asking for an average increase of 8.5 percent. Other plans call for rate hikes of 3.3 percent to nearly 15 percent.
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