Tuesday, April 2, 2013

California health premiums for individual buyers will rise under federal program, study finds

Sacramento Bee
Middle-class Californians counting on the federal health care overhaul to lower their insurance premiums are in for a double-digit shock next year, a new state study shows.
People or families who buy insurance for themselves could see rate increases of up to 30 percent. Millman consulting group performed the analysis, but the scope was limited to the individual market, meaning about 5 million Californians who do not receive insurance through their employers.