Health Insurer's Rate Hike Rejected

arizonaslim

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Tuesday January 17, 2012 · 8:21 AM PST

2012/01/17 · 08:21

Earlier this month, I received another rate increase notice from my health insurer. It was for their second rate hike in six months. Taken together, the two increases add up to almost 10%. In just six months. That works out to 20% a year.

The letter that the insurance company sent me noted increased "healthcare related costs" as the reason for their rate hike. But I'm not buying it. A slightly edited version of my rate hike rejection notice appears below the orange squiggle...

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