Why Has Health Insurance Gone Up?

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   Ted Ratliff

   Owner, SFS Associates,

   Health Insurance rates have gone up because the cost of care has gone up.  Insurance companies must now provide benefits that were not covered before.  Cost of prescriptions and the over prescribing of medications by some physicians add to those costs  Starting in 2014 insurance companies will have to accept pre-existing conditions which will increase claim payments dramatically.  Insurance premiums must go up to compensate for these increased costs.

   Answered on July 10, 2013

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