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Monday, June 21, 2010

Health insurance premiums spike. Welcome to Obamacare…you ain’t seen nothing yet!!!

More to come as Obamacare implementation increases

Kaiser foundation survey finds steep jump in individual health insurance premiums

People who buy their own health insurance have been hit lately with premium hikes that far exceed increases in premiums for employer-sponsored coverage, according to a new survey from the Kaiser Family Foundation.

The nonprofit foundation, which is separate from health insurer Kaiser Permanente, said recent premium hikes requested by insurers for individual coverage averaged 20 percent. Some customers were able to switch plans and pay less, so people paying on their own actually wound up paying 13 percent more on average.

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