Health Insurers Raise Some Rates by Double Digits

Posted by Kendall Harmon

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014.

In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.

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Filed under: * Culture-WatchHealth & Medicine--The 2009 American Health Care Reform Debate* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifePersonal FinanceThe U.S. Government

3 Comments
Posted January 7, 2013 at 8:00 am [Printer Friendly] [Print w/ comments]



1. Capt. Father Warren wrote:

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own

Yep, saw about an 18% increase on our HSA high deductible policy.  Yet not a single question to the CIC about all his glorious rhetoric prior to passing his namesake legislation.

January 7, 10:08 am | [comment link]
2. Branford wrote:

Our HSA high deductible policy went up over 10% this year—after several years of no increases.

January 7, 12:09 pm | [comment link]
3. Pb wrote:

Where are the news media? The promise was that Obama care would not cost “one dime” and the savings would come from Medicare.

January 7, 4:24 pm | [comment link]
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