Health insurance rate shock may be coming to the US

February 28, 2013February 27, 2013 Logan B.

Health insurance costs spark worry among states Rate shock is becoming a common term in the U.S., especially in the world of insurance news. The term refers to a steep increase in insurance premiums, an increase that policyholders are both unprepared for and unable to accommodate. Rate shock is most often related to the issue of health insurance and the Affordable Care Act. The controversial federal law will take full effect in 2014, and U.S. insurers have been warning that rate shock may be one of the unintended consequences of…

Aetna predicts major rate increases in 2014

December 21, 2012December 21, 2012 Marc

Aetna CEO forecasts future of rates for health insurance consumers Health insurance continues to be a hot topic in the U.S., especially as 2014 approaches bearing the full weight of the Affordable Care Act. Last week, Aetna, the third largest health insurance provider in the U.S., held its annual investor conference in New York. During the conference, Aetna executives provided a wealth of information to the company’s investors concerning the insurance providers future plans and how it will adapt to the changing insurance landscape. Aetna CEO Mark Bertolini offered a…