Multiple insurance companies say the uncertainty that continues to surround Obamacare has left them no choice but to
seek premium hikes, if they are to remain in the various ACA exchanges.
Not exact matches
The uncertainty over Republican efforts to overhaul or replace the Affordable Care Act may spur insurers to
seek even higher
hikes in medical
premiums, said Bill Hammond, health policy director at the Empire Center for Public Policy.
Public general insurers and private general insurers
seek hike in TP
premiums for 2015 - 16 to make up for losses
The commercial vehicle segment has been a constant cause of concern in the motor segment, due to which insurers have
sought steep
hike in overall TP
premiums.
The Insurance Regulatory and Development Authority (Irda) has limited the third - party
premium hike in motor insurance to 9 - 20 per cent, against a proposal
seeking a
hike in the range of 20 to 137 per cent.
The commercial vehicle segment has been a constant cause of concern in the motor segment, due to which insurers have
sought steep
hikes (atleast 55 - 65 %) in overall TP
premiums.