Saturday, November 9, 2013

In California, hundreds of thousands to pay more for health insurance

Hundreds of thousands of Californians who purchase their own health insurance are bracing to pay more for their plans, as the cost of the federal health care overhaul lands harder on middle-class customers.
Notices began arriving in recent weeks informing consumers that their plans are being phased out and replaced with policies that comply with requirements of the health care law. Many are being told to expect double-digit percentage increases in monthly costs, in part to help balance the cost of covering the underprivileged and those with pre-existing medical conditions who may not have had coverage.
The notices throw into sharp relief an e stirring reality of the law: While many will benefit, a smaller segment may not.
“There is certainly going to be heat around this, and lots of understandably unhappy people,” said Janet Coffman, a professor at the Philip R. Lee Institute for Health Policy Studies and the department of family and community medicine at the University of California, San Francisco.
“This is one important slice that is experiencing some very substantial increases in premiums,” she said. “But it’s important to understand this is one of many areas in which the impact of the health care law on individuals and families varies widely.”
Via: Sacramento Bee
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Read more here: http://www.sacbee.com/2013/11/04/5877848/in-california-hundreds-of-thousands.html#storylink=cpy

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