This confirms what I've been seeing with premiums starting in July 2010. Premiums are increasing. http://money.cnn.com/2010/04/23/news/economy/health_reform_insurers_react/index.htm
If you had a new plan, premiums should have been guaranteed for the first 12 months. Thereafter, carriers generally reassess rates on the anniversary date of the policy and generally hold premiums constant for the next 12 months. Some carriers increase rates on the policy anniversary, on birth dates and when changes are made to the plan. Carriers do have the option of raising premiums on a class of people, they can't single out a specific person or family for a rate increase. Often what a carrier will do is introduce a "new" plan and increase premiums across the board on the old plans.
Wednesday, May 12, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment