Pre­mium squeeze

Modern Healthcare - - Opinions Letters -

Iam not sure what is hap­pen­ing ev­ery­where in the nation, but here we have seen one large health in­surance com­pany quit the health­care in­surance busi­ness and an­other large health­care in­surance com­pany raise rates by more than 20%.

I have just re­ceived my bach­e­lor’s de­gree in ac­count­ing, and I think that the 20% in­crease will be com­ing out of the pub­lic’s pocket. The health­care re­form law gave the in­surance com­pa­nies four years to raise the rates to com­pen­sate for the changes. But ul­ti­mately, who is pay­ing for the in­crease in premi­ums? Not sure this is the kind of health­care re­form we need.

Carol L. Twedt Ac­counts re­ceiv­ables an­a­lyst

Knoxville, Iowa

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