Insurers Pin Rate Hikes on Health Law - WSJ.com
Health Insurers Plan Hikes
Rate Increases Are Blamed on Health-Care Overhaul; White House Questions Logic
By JANET ADAMY
Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats' efforts to trumpet their signature achievement before the midterm elections.
Insurers say they plan to raise premiums on some Americans due to the health overhaul, complicating Democrats' efforts to trumpet their signature achievement before elections. Janet Adamy and Evan Newmark discuss. Also, Justin Lahart discusses the two-track economy for American business, with global players getting boosts from fast-growing foreign markets, while companies focused on the U.S. market are hamstrung by recession-scarred consumers.
Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the law, according to filings with state regulators.
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