How does health insurance work – when insurance premium can generally increase?
h0mgrts asked:
If family of two have health insurance, and one of them decide to use it for couple medical procedures will insurance policy premium go up?
Please advice.
Thanks.
Tags: Health Insurance, Insurance Premium, Insurance Work
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on Wednesday, December 24th, 2008 at 9:45 am and is filed under Health.
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December 27th, 2008 at 2:49 pm
No. The premiums will not go up for that. Usually health insurance is up for renewal once a year and the cost increases at that time, but not just because you use your policy. The cost of group health insurance where I work has had double digit increases in the premiums every year for 10 years now. The health insurance companies are out of control.
If you have insurance and need health care – go get the care you need.