How's that "Affordable Healthcare Act" working out for ya? Do you think that the premiums you pay for the health insurance that you're required by law to purchase are a little steep? A couple of years ago, we were paying $400 a month; this year, it's $12000 for the year.
Get ready to pay more: last year, seven insurers lost just shy of $87 million. Most of them are now asking for double-digit rate increases for next year.
Pacific Source Health Plans is asking for a nearly 43 percent hike.
The only provider proposing a decrease in rates is Kaiser Permanente, which believes that it can drop its premium costs by 2%.
Should be a fun time come November, when you'll need to re-enroll.