Will Obamacare Make Health Insurance More Expensive?

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   Christopher Lawrence

   Insurance Broker | Financial Consultant, Lawrence Insurance Consulting, Southern New Jersey

   One of the primary goals that healthcare reform is trying to address is the stabilization of health insurance premiums. Health insurance has been consistently out pacing inflation increasing an average of almost 10% annually. The simple answer is that the PPACA's provisions will increase the percentage of Americans who participate in the healthcare market, and will dictate changes in health insurance underwriting that will have a direct effect in decreasing the price for older people and an increase for younger people.

   Answered on July 17, 2013

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