“We are in for real sticker shock in the rates that will be charged in the individual and small group market, particularly in the individual market. The two biggest drivers will be the benefit ‘buy-up’ because individual policies are generally much slimmer in benefits than the new benefits requirements and because of the age-rating. Instead of the required 3:1, many markets are currently 5:1 and some even higher.”
— Robert Laszewski, president of Health Policy and Strategy Associates, told AIS’s Health Plan Week.
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