It’s no surprise to many that health insurance premiums are going up again in 2011. As American’s, we’ve grown used to the fact that nothing gets less costly except maybe some of the paychecks employers sign these days. Regardless, I was at a forum and saw some very insightful information about the reasons why health insurance premiums are rising, so I thought I would comment on the topic myself.
Many people are blaming President Obama for the health insurance premium increases. But the owner of Temporary Health Insurance Pro hit the nail on the head, in my opinion, when he so directly pointed out that our aging country is simply encountering more costly medical problems then at any point in our past. He noted these costs are being spread across the insured and policyholders are feeling the impact. And this guy noted it was going to get much worse as seniors get closer to Medicare eligibility. Read the rest of this entry »