NLC4
People. Progress. Results.

Why Do Health Costs Keep Rising? These People Know

Posted by Steve Schram on June 10, 2016 at 11:04 AM

Originally published on June 9, 2016 on The New York Times by Robert Pear.

DANVILLE, Pa. — The Geisinger Health Plan, run by one of the nation’s top-rated health care organizations, foresees medical costs increasing next year by 7.5 percent for people buying insurance under the Affordable Care Act.

So when Geisinger requested a rate increase of 40 percent for 2017, consumer advocates were amazed. And Kurt J. Wrobel, Geisinger’s chief actuary, found himself, along with other members of his profession, in the middle of the health care wars still raging in this political year.

Read the full story