Contact Us

Healthcare Cost Soaring Under Obamacare

Getty Images by Mario Villafuerte

Health Insurance premiums are going to shoot up for most Michigan residents that buy their own health insurance, according to state insurers.

The hikes will range anywhere from 2.7% to 21.6% with BCBS hiking their rates by an average of 9.7%.

Blue Cross executive Terry Burke said the hikes are needed to make up for the ever-rising health care costs and uncertainty related to the Obamacare expansion bringing in sicker-than-average patients.

“We’ve got a big influx of people and we don’t know what their claims conditions are,” Burke told the South Bend Tribune. “The actuaries are concerned about that risk mix.”

Michigan’s next largest insurer, Humana, is looking at raising their rates by 18%, again for people who buy their own health insurance on the open market.

Next will be your company plan health insurance.

We were told this would not happen, we were told in fact that our health insurance premiums will go down which would enable our employers to give us raises.

Remember that?

Best of 1240 WJIM

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wjimam.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Club 12-40 quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Club 12-40 contests, events, coupons, presales, and much more delivered to you for FREE.