Premiums for comprehensive health insurance are 47% higher than other policies without all of those benefits, a new industry study shows, but those higher rates also yield lower deductibles.
The report issued Tuesday by eHealth Inc., the company behind online shopping website eHealthInsurance. adds to a steady drumbeat of predictions about "rate shock" when the federal healthcare law kicks in next year.
Even some supporters of the Affordable Care Act have expressed concern that the federal requirement for richer benefits and new consumer protections will drive up premiums substantially. Federal premium subsidies will be available to families earning up to about $93,000 to help lessen the financial bite.
"I think consumers can expect new health plans next year are going to be somewhere between 40% to 60% more expensive," said Bob Hurley, eHealth's senior vice president of carrier relations. "I think there is a fair amount of concern that the health plan requirements are too rich."