Melissa Quinn
Ask 68-year-old Gavin Braithwaite how he feels about the amount he and his wife, Louellen, are expecting to pay for health insurance next year, and he’ll tell you he’s horrified, but not exactly surprised. Since 1992, Gavin said, he’s watched the cost of their coverage increase over the years.
In the past few years, the Braithwaites say they’ve seen the cost of their premiums go from $257 per month in 2014 to $285 for the first nine months of 2015—their policy changed the last three months of the year—to $494 per month in 2016.
So Gavin wasn’t surprised to learn that his wife’s insurer, Highmark Blue Cross Blue Shield, asked for a rate increase of 32.5 percent for next year, which would bring the cost of her premiums to more than $650 per month.......To Read More....
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