Web users across the United States can use a new federal website to watch the status of a health insurer in order to determine whether or not that company has increased its rates, and may view the insurer’s justification for doing so. According to the deputy director for oversight at the Department of Health and Human Services, Steve Larsen, the data now available on this website is information that was primarily unavailable before the site’s launch. There were only a few states that offered rate increases on their official websites.…
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Massachusetts and Vermont residents pay the highest individual health rates
A recent analysis has shown that in 2010, the most expensive individual health rates in the country were in Massachusetts and Vermont, with premiums up to and higher than $400 per month per person, which is about twice the average of the country. The information was collected by the Kaiser Family Foundation, which drew the data from the insurance company filings to the National Association of Insurance Commissioners and discovered a significant discrepancy in the rates charged from one state to the next. The researchers are referring to their analysis…
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