Saturday, 23 August 2014

Health Insurance on the rise for 2015

It looks like your health insurance will be going up next year.
Florida insurance officials say they will release figures next week on how much health plans will cost under the Affordable Care Act for 2015.

Insurers say their new customers are older and sicker than anticipated. Humana proposed an average 14.1% increase for its HMO's.

Humana says the increase is driven by rising drug costs and higher doctor and hospital reimbursements
Executives at Blue Cross Blue Shield and Cigna also say rate increases are likely.

Source: WEAR ABC 3

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