How will the Affordable Care Act affect health insurance costs (taxes)? Is there anything that can be done to minimize impact?
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Seventeen states are establishing healthcare exchanges, now referred to as marketplaces. The other states will have exchanges set up by the federal government. Premiums will vary. In CA insurance rates, as a result of the exchanges, are due to increase 164% based on a report released on August 14. Some states will go up 30%, 50% or whatever the market bears. At this time I am not aware of what can be done to minimize the impact.Leave a Comment 422 weeks ago