Saturday, September 24, 2011

Health Insurance Rates ? More Affordable in 2012? | Retirement ...

by Corrina Zabella on September 22, 2011

Rates of Health Insurance are Slowing The experts from the health insurance industry stated that those who have been hit hard by the increasing costs of health care in the past years could be receiving some quantity of relief this 2012, especially mentioned to the employers of Connecticut.

For the end of this year and next year, the standard rate will increase as being proposed by several health insurance companies, saying that it is lower compared to the preceding years. According to local brokers, they are still examining the lower rate climbs. The rates range between upper single digits and low double digits.

Brokers say that in several and very rare circumstances, employers who have put into operations the programs for health improvement are in fact viewing rate decreases as a comparatively unheard of happening.

According to the survey conducted, Towers Watson Health Care Trend in 2011, when looked at nationwide, the costs of employer health care is estimated to increase by 5.9% this 2012. This is comparatively a lower rate compared to the 7.6% rise last year.

The chief operating officer of Ovation Benefits in Farmington, Brian Driscoll said that generally, they are starting to view some kind of softening in the marketplace. This is something that the officials are anticipating to run in 2012 too.

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Source: http://www.retirementplannings.org/rates-health-insurance-slowing-3509

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