General Discussion
In reply to the discussion: Had a talk with a Right Wing friend today about Obama Care..... [View all]Laura PourMeADrink
(42,770 posts)First Steps in Controlling Rising Costs
A critical component of the new health-care law is slowing rising health
insurance costs, while giving people real value for their health-care
dollars. New requirements are holding insurers accountable for how
they spend customers premiums, ultimately helping lower rates.
Rate hikes getting a closer look
states have chosen to go further,
actually rejecting unreasonable
increases.
▪ The public now has access to these
proposed rate hikes, helping hold
insurance companies accountable.
View information about insurers
in your state at:
companyprofiles.healthcare.gov.
▪ Since September 1, 2011, insurers
seeking to raise premium rates 10%
or more are subject to new scrutiny.
▪ States must now review these
proposed rate hikes to determine
whether they are unreasonable
based on health-care costs and
other factors. If a state is unable to
make this determination, the federal government will. Some
First Steps in Controlling Rising Costs
A critical component of the new health-care law is slowing rising health
insurance costs, while giving people real value for their health-care
dollars. New requirements are holding insurers accountable for how
they spend customers premiums, ultimately helping lower rates.