Individual Health Plans Cost Soar
http://www.usatoday.com/money/industries/health/2009-02-19-health-coverage_N.htm
More and more people are being forced to buy their own health insurance due to the huge job cuts. The cost of individual policies is sky high. Advocates are saying that the 17 million Americans who are forced to buy their own coverage are not being able to bargain for better rates the way large organizations can. As a result they end up paying huge amounts.
The Golden Rule Insurance Company, which is a part of United Health Group, said that the sales of individual policies are up by 24% in the past two months. A website that connects people with insurers, eHealthInsurance, said that applications are up by 18% in the fourth quarter, as compared with a year ago.
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