News Headlines Article

As her health insurance rate climbs, disabled woman’s income can’t keep up
Los Angeles Times

You can understand why Health Net is raising Paula Homan’s monthly insurance rate by 37%, to $1,090 from $795. She just turned 60 and, statistically speaking, will be more prone to needing costly medical treatment.

Health Net and all other private insurers would quickly go out of business if they didn’t charge rates commensurate with higher risk.