Friday, August 22, 2014
How Much More Will You Pay For Health Insurance Next Year?
Whether you have health benefits from an individual plan through a private insurance company, employer benefits from your job, or you have purchase insurance through an exchange your rates are going to increase for 2015. The question is how much more will you be paying?
There are many variables considered to find the answer. Health plans are still filing for rate increase through their state department of insurance. According to data research from PricewaterhouseCoopers the national average to date for increases is 8.2 percent. In Arizona the average is 11.2 and said to be one of the lower premium increases reported with an average of $331 matching Michigan as the lowest currently reported. Other variables are network size, benefit options chosen plan level selected.
Open enrollment for 2015 begins on November 15th 2014 and ends February 15, 2015.
Read more here
Posted by C. M. Elkins at 10:04 AM