Health care premiums are forecast to go up this year, a number of health care experts have told Newsweek.
Why It Matters
Health insurance premiums are typically paid monthly by the policyholders to cover health care for adults and children.
Costs for employer-provided health care coverage are becomingly increasingly difficult for small and midsize employers to fund, which can pose problems for those companies attracting and retaining employees, U.S. Retirement and Benefits Partners reported.
What To Know
According to the investment news site investors.com, it was expected that private health insurance plans bought through the Affordable Care Act (ACA) would go up by 7 percent on average, with eight states seeing a 10 percent increases and Vermont seeing the highest increase at 27 percent.
Health care costs and insurance premiums have been increasing …