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Thursday, April 25, 2013

CareFirst: 25% Premium Rise For Marylanders

In the latest preview of prices for health coverage under the Affordable Care Act, Maryland’s dominant insurer says proposed premiums for new policies for individuals will rise by 25 percent on average next year.

That’s lower than what some had predicted. Just three weeks ago, the insurer, CareFirst BlueCross BlueShield, had been looking at a proposed 50 percent increase. But the company revised that initial estimate, citing worries about affordability for consumers.

“Not only were we concerned about a potential hit to subscribers, but we were also concerned about price levels that were unattractive” to young customers seen as an important stabilizing force for the market, CareFirst CEO Chet Burrell said in an interview Wednesday.


Anonymous said...

wait. are you trying to tell me obama lied to me? thats impossible! you must be reporting this wrong!

Anonymous said...

Meanwhile Congress meets today to grant exemption from Obamacare waiver TO ITS SELF AND STAFFERS.

Anonymous said...

What is United Healthcare and other Insurance companies proposing? Thanks Obama!

Anonymous said...

Muslims are exempt because it is against their religion. So those of us that will have our rates go up will pay for them. Is this a wonderful country under Obama's administration? I will never vote for another Democrat for any office again.

Anonymous said...

Thank you brainless Obama voters!