Couple’s Health Insurance Choices are Bad and Worse

Stuart and Cathy Selter of Agoura Hills were satisfied with their Anthem Blue Crosshealth insurance plan, which cost themabout $1,500 a month in premiums and had a$2,500 deductible. Now, they say, Anthem is moving the goal posts for their coverage. The insurer informed them recently that because it’s no longer selling their plan, the risk pool is shrinking and their premiums will rise. Anthem didn’t specify how much the Selters’ rates could increase. But if fewer people are sharing the risk of an insurance plan, costs could rise dramatically. “A shrinking risk pool will eventually mean that the only people left in the plan will be ones with preexisting conditions,” said John Barrett, a Pasadena health insurance broker. “Over time, rates would go up more than other plans.”

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