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Saturday, November 17, 2012

Woman Moves 10 Miles, Gets Hit With 25% Health Insurance Hike

Health insurance companies are allowed to charge different rates depending on where you live, but one would think that moving within the same region you’ve been in for more than a decade would not have a serious impact on your monthly rate. Try telling that to the woman in California who now faces an additional $1,272 in insurance premiums after moving 10 miles.

The woman tells the L.A. Times’ David Lazarusthat shortly after notifying Anthem Blue Cross about her move, she was told her monthly rate was jumping from $418 to $524. That’s on top of an annual $5,000 deductible.

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