Consumer Watchdog

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Consumer Watchdog

Why Are Health Insurance Rates on the Increase?

Jamie Court appears on KCRW 'Which Way LA'

 

Under Obamacare (opens in new tab), almost everybody has to have health insurance by next Monday or pay a penalty. For those who aren't covered by their employers or aren't poor enough to qualify for a federal subsidy, rates are 53% higher than they were last year. People who kept their old policies say they’re not getting what they’re paying for. We hear about a squeeze on the self-employed and the upper middle class, and a proposed ballot measure to regulate what insurance companies can charge.

 

From – http://www.kcrw.com/news/programs/ww/ww140324why_are_health_insur