Will Health Insurance Premiums Go Up?

  1. 1575 POINTS
    Christopher Lawrence
    Insurance Broker | Financial Consultant, Lawrence Insurance Consulting, Southern New Jersey
    The current realities that are being faced by insurance companies, doctors, and hospitals are going to unfortunately going to shape the United States healthcare economy for years to come. However when viewing the current trends against the historical forces that have served to mold and evolve the healthcare system I am confident that the free market forces are all persuing courses of action that will slow the current trend of healthcare costs rising at an exponential rate vs. the natural rate of inflation. So in short YES you should expect to see health insurance premiums to continue their current trend over the next several years. There are some finer points relating to healthcare costs and PPACA however I am just giving a brief overview of the industry.
    Answered on July 5, 2013
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