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Did Group or Individual Health Insurance Premiums Rise More In ’09?


Image: TheTruthAbout under CC 3.0

According to the Kaiser Family Foundation, those buying individual health insurance have experienced far greater increases in their premiums recently.

Their findings:

  • 77% of those buying health insurance on their own were presented with a price hike
  • On average, those proposed hikes were 20%
  • 16% of those presented with proposed rate increases switched to less generous–and less expensive–health plans, either through the same or a different insurer. Many of the others didn’t switch due to pre-existing conditions that would make finding a different plan difficult.
  • Altogether, the average rate increase (including those who changed plans) was 13%.

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