Health insurance companies are warning brokers that health premiums for small businesses and individuals could sharply increase in 2014 due to the Patient Protection and Affordable Care Act.
United Healthcare, the nation’s largest healthcare firm, is even estimating that rates could more than double for consumers who decide to buy their own plans.
These predictions are a source of hot debate among lawmakers, especially those in the Obama Administration, who told consumers to expect “more affordable” premiums after the implementation of PPACA.
The wide gap between the predictions of those in the healthcare arena could be a result of the complexity of the law- and the fact that no one is sure what the effects of the law will be.
To read the full article from the Wall Street Journal, please click here.