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Monday, June 12, 2017

If the individual health insurance market withers, who would revive it? stat : PBS

"Do not worry, we are in very good shape!"But the individual insurance market is not in such good shape. In his high-stakes strategy to overhaul the federal health law, President Donald Trump is threatening to upend the individual health insurance market with several key policies. Meanwhile, major insurance companies like Aetna and Humana have already announced that they won't participate in the health exchange market for 2018. Despite the woes, insurance analysts say they doubt the individual market would stay down for long. That effectively kept healthy people out of the new markets, "after companies had set their prices," Giesa said, resulting in some big losses for insurance companies.



If the individual health insurance market withers, who would revive it?
Higher charges apply to people who are 35 years of age or older when they first take out health insurance. The analysis, compiled by Total Health Cover, found the vast majority of people who are overpaying are 60 years or older. OLDER PEOPLE ARE overpaying for health insurance, a new report has found. When it comes to health insurance, people should review their plan every year just as they would home or car insurance, but they don't. Total Health Cover reports that 2016 saw health insurance premiums rise by 10-20% depending on the plan held, and that 2017 has already seen price hikes across all insurers.

As Delaware's health insurance options shrink, families hold their breath


Older people overpaying €1,000 for health insurance as they're 'afraid to switch plan'
Like millions of other Americans, the Ryans say the cost of their health insurance is a major consideration. But he makes too much money to qualify for a subsidy on the ACA insurance exchange, so they will have to cover the full cost of insurance. Andy and Serena Ryan get their health coverage through the state's Obamacare exchange and are growing increasingly anxious about it. "The health insurance has allowed us to live the way we want, to be at home with the kids and create our own business," Serena Ryan said. Cameron and Lori Llewellyn, also of Dover, face health insurance troubles, too.


collected by :Lucy William

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