Understanding Medical Insurance Terminology

« Back to Home

2022

How Health Insurance Costs Are Determined: Factors That Affect Premium Payments

Posted on

It’s no secret that health insurance premiums are on the rise. In fact, they have been increasing at a faster rate than both wages and inflation. So what factors are responsible for these price hikes? And how do they affect the average American family? This post highlights some of the main factors that affect health insurance costs so you can get a better idea of how much you should expect to pay for coverage.…

Read More »