From Grace Marie Turner:
AHIP … released a survey yesterday of the individual health insurance market, showing that it is healthier than commonly believed. Yes, people can have trouble buying coverage, especially if they have pre-existing conditions, but fewer than the media would have us believe. And these more difficult cases are the ones that the new AHIP proposal is designed to help.
But the survey shows that insurance generally is more affordable in the individual market than through the workplace: Nationwide, average annual premiums were $2,613 for singles and $5,799 for families, half the cost of the average job-based policy.
Premiums varied greatly by state and were highly correlated with the rules set by the state governing premiums, coverage, and underwriting. The heavier the burden, the more costly the insurance. When will states figure out that their "solutions" have been a big part of the problem? Maybe it’s time for a little cooperation with the insurance industry.