Health Insurance Premiums Could Rise by Over 40% Due to Coronavirus, Study Warns
A new study indicates that, due to the high medical costs inherent in fighting the COVID-19 coronavirus pandemic, health insurance premiums could rise by as much as 40%-plus over current levels.
The study was conducted by actuaries at Covered California (that state's health insurance marketplace). It attempts to gauge the costs related to various aspects of the coronavirus pandemic, and predict their effect on consumer premiums.
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Source Fool.com