American Insurance

Insurers Spend Millions on Reform Changes

Oct 6, 2010

Tens of millions of dollars are being spent by insurance companies to comply with Health Care Reform. September 23rd was a major deadline, ushering in new health benefits for consumers mandated by the Affordable Care Act. Insurers rushed to change plans and benefits, re-program claim and administrative systems, update webpages, and change other technologies. Consumers will be picking up the tab with premium increases from 10% to 20% beginning in 2011.

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