Friday, April 25, 2014

Insurers already calculating 2015 premises as Obamacare kicks in

Insurers already calculating 2015 premises as Obamacare kicks in


Now that the Obamacare finally kicked in people are wondering what are going to be the outcomes and prices for the next year. The medical bills of Obamacare already have started and the price will keep counting and going up no matter what. California has reached it's extended goals for people signing up under the affordable care act. Many people have been impressed with the large number of 1.1 million policyholders that have been part of this government program. However, the number of sicker patients has increased and that is what is dragging the attention of many people. The California leading health insurance has already predicted double digit plus increasing rates. Which means, the number of the medical cost will eventually raise up being more expensive. Now that they have seen what might occur insurance companies must file next year's rates to see the total price of health insurance. In my opinion, I think it is very good for the insurance companies to start thinking the options and costs of next year so that people will be prepared. If the numbers increase to double digits hopefully there will be something to help people out pay their medical costs. 

http://www.latimes.com/business/la-fi-obamacare-deadline-rates-20140330,0,5708594.story#axzz309UGMwFC

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