Rick Thornton, a Dallas health insurance agent, said premium increases are because the cost of care is increasing, adding that there has been a 9.1% increase from when the ACA was first introduced in 2010.
Dallas health insurance
agent
Dallas health insurance costs
continue to rise despite the
Affordable Care Act being
passed 12 years ago this
March.
According to a report by the
Commonwealth Fund, health
insurance premiums and
deductibles for Americans with
employer-sponsored coverage
accounted for 11.6% of median
income in 2020.
This includes individuals
and families with health
insurance in Dallas.
"The findings are a stark reminder of what we
already know - that healthcare costs are rising
more quickly than the income for working
families," Sara Collins, vice president for health
care coverage and access at The
Commonwealth Fund, told Yahoo Finance,
"Which means health care costs are taking
Rick Thornton, a Dallas health
insurance agent , echoed the Yahoo
Finance! article by saying that the
Affordable Care Act requires insurers
to prove they're spending at least 80-
85% of premium dollars on medical
care.
Essentially, premiums are
going up because the cost
of care is increasing.
Thornton added that time will
tell how this will continue to
impact the millions of
Americans who need quality
health insurance that they can
afford.
Insurance4Dallas provides
consumers with detailed
information on health
insurance with the ability to
purchase health insurance
online.
Insurance4Dallas provides a full
spectrum of health, dental, vision,
life and ancillary insurance
products, providing a diverse
selection of price and benefit
options complemented by personal
customer service.
Available via phone, email or fax,
Insurance4Dallas answers
consumer questions throughout
the purchasing process and
during the utilization of its health
insurance policies.
Find Out More At
http://insurance4dallas.com/
dallas-health-insurance/
agent
Dallas health insurance costs
continue to rise despite the
Affordable Care Act being
passed 12 years ago this
March.
According to a report by the
Commonwealth Fund, health
insurance premiums and
deductibles for Americans with
employer-sponsored coverage
accounted for 11.6% of median
income in 2020.
This includes individuals
and families with health
insurance in Dallas.
"The findings are a stark reminder of what we
already know - that healthcare costs are rising
more quickly than the income for working
families," Sara Collins, vice president for health
care coverage and access at The
Commonwealth Fund, told Yahoo Finance,
"Which means health care costs are taking
Rick Thornton, a Dallas health
insurance agent , echoed the Yahoo
Finance! article by saying that the
Affordable Care Act requires insurers
to prove they're spending at least 80-
85% of premium dollars on medical
care.
Essentially, premiums are
going up because the cost
of care is increasing.
Thornton added that time will
tell how this will continue to
impact the millions of
Americans who need quality
health insurance that they can
afford.
Insurance4Dallas provides
consumers with detailed
information on health
insurance with the ability to
purchase health insurance
online.
Insurance4Dallas provides a full
spectrum of health, dental, vision,
life and ancillary insurance
products, providing a diverse
selection of price and benefit
options complemented by personal
customer service.
Available via phone, email or fax,
Insurance4Dallas answers
consumer questions throughout
the purchasing process and
during the utilization of its health
insurance policies.
Find Out More At
http://insurance4dallas.com/
dallas-health-insurance/