Tag: us health insurance rates

Health insurance rate proposals throughout US show troubling trend

Logan B.
Maryland Health insurance

Maryland makes public health insurance rate proposals from insurers Last month, Maryland became one of the first states in the U.S. to make public the rate increases health insurance companies are planning to institute next year through the Affordable Care Act. State officials have noted that health insurance companies are planning to raise rates on coverage by an average of 25% throughout the state. This has caused some discomfort with Maryland residents that are not eager to pay more for the coverage they are receiving, and this sentiment may be…

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Research shows insured obese individuals pay much higher monthly premiums

A report by eHealth, Inc., eHealthInsurance’s parent company, has been released as a supplement to its previous “Cost and Benefits” report from November 2011, and examines the influence that a policyholder’s body mass index (BMI) and smoking habits have on the premiums that he or she pays for individual health insurance every month. According to the research: • Obese policyholders pay an average premium every month that is 22.6 percent higher ($240) than individuals whose BMI is considered to be “Normal” ($143). • The average monthly health insurance premium paid…

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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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Federal officials ready to debate health insurance rate increase of 10% or more

U.S. officials are getting ready to debate whether or not increases in the rates for health insurance of 10 percent or more were excessive within seven states which have rate review processes that have been labeled ineffective.  The rate review systems for Louisiana, Alabama, Montana, Arizona, Wyoming, Idaho, Missouri, as well as four territories have been deemed to be insufficient by the Center for Consumer Information and Insurance Oversight (CCIIO). The CCIIO is a branch of the Centers for Medicare and Medicaid Services.   According to the CCIIO, federal officials, under…

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