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$44,000 a year for health insurance?
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| Contributor | RP |
| Last Edited | RP Dec 12, 2006 11:15am |
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| Category | General |
| Media | Website - Yahoo News |
| News Date | Wednesday, December 6, 2006 12:00:00 PM UTC0:0 |
| Description | Hundreds of entertainment industry workers in California and New Jersey who buy health insurance as a group are being hit with a rate increase that will raise some family-plan premiums to more than $44,000 a year.
Insurer Cigna will raise rates for members of the group, which includes some in the Screen Actors Guild, an average of 82% in California and 65% in New Jersey next year.
Under the new rates, the most expensive plan in California will cost a family $3,685 a month, $44,220 a year. Less-expensive HMO plans will cost families $24,624. In New Jersey, an HMO will cost $10,260 a year for a single person and $30,372 for a family.
The rates illustrate the tremendous range of price increases that can hit a business, association or individual, even when the average national premium increase is just over 6%. |
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