Health insurance rates suspected to rise due to federal law Over the past few months, health insurance companies throughout the U.S. have been warning of the impending rate shock that could be spurred by the Affordable Care Act. Rate shock implies rapidly rising health insurance premiums that consumers throughout the country may not be prepared to deal with. While insurers have been warning that rates may spike in the coming year due to the federal health care law, federal legislators have suggested that this will not be the case. A…
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