Health care Insurance rates are rising by an average of 20 percent for adults who buy their own policies, according to a survey by a nonprofit health care groups.
These health insurance premium increases affect millions of U.S. adults who buy their own health plans therefore opting individuals to opt for cheaper care or less options.
There are still many phases of Obama's health care reform which the administration is working hard in implementing however the early effects are costing US consumers more everyday. US administration is criticizing the health insurance companies for their premium increases but to no avail. There have been reported increases as high as 39 percent for individual and "nongroup" policies.
Though most working-age adults get their insurance through their employers, however, 14 million people in the United States either small business owners or those whose employers don't offer insurance pay for their own health insurance policies, shopping for better rates and finding themselves paying higher and higher premiums.
Many changes in health insurance are already taking place such as ending lifetime caps on coverage and stopping cancellations when a policyholder gets sick. But there are many reforms that will not go in effect until 2014. These reforms such for those with pre-existing conditions will help once they are implemented but til then many Americans will need to shop around for better health insurance premium. However, it remains to be seen how all the health care reform changes will play out to balance providing important health coverage for Americans v.s. costing them more money. |
