As California families continue to reel from the most severe economic downturn since the Great Depression, health insurance premium rates have soared by 153% since 2002, nearly five times the rate of inflation.
Businesses are finding it difficult to pay for these rate hikes, and pass the increased costs on to workers. Business owners and employees are forced to absorb these rising costs or search for less expensive ? and less comprehensive ? coverage options.
It's unconscionable that insurance companies continue to impose double-digit premium hikes on America's families and businesses to pay for their excess profits and financial shell games at a time when consumers and employers are str... Read Post
1. National Flood Insurance Program Reformed: In recent years, flood insurance premium rates have skyrocketed. The Homeowner Flood Insurance Affordability Act of 2014 mitigates some of those rate increases while continuing the progr... Read Post