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Healthcare Premium Notices Arrive as Election

June 23, 2016 // News

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Your clients can expect to see their health care insurance premium renewal notices just in time for the home stretch of the presidential election. Carriers are reporting rate hike requests in the double digits, although the final increases remain to be seen.

However, many believe that this will be the year that the increases will be significant as a result of the severe financial hits experienced by carriers since the implementation of Obamacare in 2010. Despite increases in enrollment, poor financials are still being blamed on lower than anticipated enrollments of healthy people and higher than expected enrollment of the sickest Americans.

 

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