If you like your insurance you can
keep it if you can pay the sky high premium...
Insurance rates in Indiana will increase 72 percent for those with
individual plans and 8 percent for small group plans under President
Barack Obama's healthcare overhaul, according to the state’s insurance
department.
The spike in costs is due
primarily to new mandates under the law, which requires insurers to
cover those with pre-existing conditions and to offer a minimum level of
benefits, said Logan Harrison, chief deputy commissioner with the
Indiana Department of Insurance under Republican Gov. Mike Pence. New
taxes and fees under the law also contributed, Harrison said.[...]
Costs for individual plans is expected to increase from an average of
$255 per member per month in 2012 to $570 in 2014, when the most aspects
of the law go into effect, Harrison said.
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