New York Health Insurers Seeking Massive Rate Hikes


Insurers on the New York health exchange are requesting rate hikes averaging 13.5%, with some companies going as high as 20%.

Both Bloomberg News and the New York Times are reporting that requests nationwide have been a direct result of “tumult” in an industry trying to cope under the Affordable Care Act.

Last year, Forbes Magazine warned that New York health insurers would have to raise costs to remain sustainable.
Read more at MenRec

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