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Saturday, February 16, 2013

Will young adults face ‘rate shock’ because of the health-care law?

Well, yes. Of course they will.

Insurers point to several reasons that premiums will rise. They will soon be required to offer more-comprehensive coverage than many currently provide. Also, their costs will increase because they will be barred from rejecting the sick, and they will no longer be allowed to charge older customers sharply higher premiums than younger ones.

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