Health reform bills allow insurers to charge older people more.
The Los Angeles Times (11/9, Oliphant) reports that "the far-reaching clampdown on insurers" in the health reform bills "leaves one highly controversial element untouched: the issue of charging higher premiums to older policyholders than to younger, presumably healthier consumers who are less likely to file costly claims." Both the House and Senate bills allow insurers "to charge middle-aged consumers at least twice as much as they do younger customers. And depending on the ultimate language of the Senate bill, insurers could be allowed to demand four or five times as much." While "advocates for older Americans argue that age rating amounts to discrimination," the "insurance industry argues that age rating is necessary to make coverage affordable for younger people, whose participation in the system is critical to keeping the overall costs of insurance down for everyone."
As Healthcare reform makes it's way through the House and Senate, online insurance quoting traffic is increasing. QuoteBroker.com reports that insurance companies continue to change public plan options and new plans are being introduced monthy, compared to annually, before Heathcare Reform was introduced earlier this year. QuoteBroker.com provides individual health insurance, family health insurance and business employee benefits; allowing customers to use their free online health insurance quoting tools. With this system you can instantly shop insurance companies insurance premiums, benefits and apply online for coverage.
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