“Why are my health insurance costs going up at a rate that is so much higher than inflation?” Experts say there are no easy answers, but there are straightforward explanations.
Insurance companies work within fixed and highly-regulated operating margins, and premium increases are a “pass-along” expense from rising doctor, hospital and other medical costs. Continue reading
The nation’s current economic downturn has sent reverberations through the corporate world, creating waves that have put hundreds of thousands of Americans who previously had health coverage adrift – and desperately seeking a safe harbor.
But layoffs are only the most visible of the multitude of ordinary, but life-changing, events that create millions of “in-betweens” – average consumers who need coverage fast, if only for a short period of time.
Consider that the number of “in-betweens” at any given time is astonishing. Estimates as to the numbers of temporarily uninsured include: