Last week, the Ohio Department of Insurance announced that, based on the rates submitted by insurers to date, the average individual-market health insurance premium in 2014 will come in around $420, “representing an increase of 88 percent” relative to 2013. “We have warned of these increases,” said Lt. Gov. Mary Taylor in a statement. “Consumers will have fewer choices and pay much higher premiums for their health insurance starting in 2014.”
According to actuarial firm Milliman, the two biggest drivers of the increase are (1) risk pool composition changes, such as forcing the young to subsidize the old, and the healthy to subsidize the sick; and (2) Obamacare’s required expansion of insurance benefits, particularly its mandated reductions in deductibles and co-pays.
(via Avik Roy)
These unwanted intruders can fix posture get into your yard and on your property, putting you and your family at risk.
ReplyDeleteConsumers will have fewer choices and pay Reverses the slouch in one easy motion much higher premiums for their health insurance starting in 2014.”
ReplyDeleteHealth insurance is need of everyone. We must take intrest to make our life safe.
ReplyDelete