Health insurance deductibles in Alabama will soon be higher

Alibama Health Insurance Costs

Consumers have expressed concern over their ability to afford to use the coverage they’ve purchased. Residents of Alabama have been voicing frustrations over an upcoming increase to the deductibles they pay out of their own pockets for health insurance they’ve purchased under the requirements of the Affordable Care Act. They have stated that the combination of higher premiums and deductibles are making coverage less affordable. The premiums being paid for health insurance in Alabama increased by an average of 28.3 percent over the last year. This was tough on many…

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Health insurance rebates will help make coverage affordable

health insurance companies profits

The refund checks will help everyone to see lower premiums each year. More than $1 billion in health insurance rebates have been issued to consumers in order to allow insurers to comply with the regulations of the Affordable Care Act, and are now effectively making it less expensive for Americans to maintain coverage. This may also help to push premiums down in the future. According to the Center for Medicare Services acting director of the office of oversight, Teresa Miller, “Consumers who are not getting rebates are benefiting from the…

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