Author: Kelley Filice Jensen
Covered CA, the state run marketplace created from health care reform, just issued an actuarial study about the impact of health care reform on health insurance rates for 2014. The results? Rates are going up somewhere between 20% and 30% or going down between 40% and 75%, depending on your income levels. So what do you do? Shop wisely. The actuarial report highlights the importance of being a smart shopper of health insurance. Being well informed on the plans available, and whether you qualify for subsidy, is critical for getting the best value from the new insurance plans available in 2014.