Insurance premium prices in question with new health care increa - 21 News Now, More Local News for Youngstown, Ohio -

Insurance premium prices in question with new health care increase

Posted: Updated:

COLUMBUS, Ohio - Some Ohio officials are pointing a finger of blame at The Affordable Care Act for a projected giant increase in health care costs.

The Ohio Department of Insurance has released figures that show health care costs going up by 88 percent among insurers who will participate in the new insurance marketplace created by President Obama's health care law.

"I think anybody who currently has health coverage certainly needs to be well informed and prepared for next year with the recent rates and costs that we've seen at the department and on plans filed on Friday, we're expecting that 88% increase and I think it's going to be shocking to many people that premiums are going up that high," says Lt. Governor Mary Taylor.

The review examined the cost to insurers to provide the required benefits in the exchange.

How much individual insurance premiums will cost consumers is still not clear.

  • More From wfmj.comMore>>

  • Deadly Israeli strikes hit UN school, market area

    Deadly Israeli strikes hit UN school, market area

    Wednesday, July 30 2014 8:26 PM EDT2014-07-31 00:26:47 GMT
    A Palestinian health official says 13 people were killed after tank shells hit a U.N. school in Gaza where hundreds of Palestinians had taken refuge from Israeli attacks.More >>
    Israeli artillery shells tore through the walls of a U.N. school crowded with sleeping war refugees and back-to-back explosions rocked a market filled with shoppers Wednesday as Israel's stepped up campaign against...More >>
  • Suing Obama: GOP-led House gives the go-ahead

    Suing Obama: GOP-led House gives the go-ahead

    Wednesday, July 30 2014 7:49 PM EDT2014-07-30 23:49:43 GMT
    Republicans are ready to muscle legislation through the House authorizing an election-year lawsuit against President Barack Obama that accuses him of exceeding his powers in enforcing his health care law.More >>
    A sharply divided House approved a Republican plan Wednesday to launch a campaign-season lawsuit against President Barack Obama, accusing him of exceeding the bounds of his constitutional authority. Obama and other...More >>
  • Forum to focus on extending foster care in Ohio

    Forum to focus on extending foster care in Ohio

    Wednesday, July 30 2014 7:07 PM EDT2014-07-30 23:07:29 GMT
    The second of five public forums around Ohio on the issue of whether to extend foster care for young people from the age of 18 to 21 includes state legislators and community leaders.More >>
    The second of five public forums around Ohio on the issue of whether to extend foster care for young people from the age of 18 to 21 includes state legislators and community leaders.
    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms