health insurance costs surge one in 10 policyholders skip renewal

Health Insurance Costs Surge; One In 10 Policyholders Skip Renewal

10 days   👁 11

Health insurance premiums have increased significantly, making some policyholders downgrade or drop their coverage. Rising medical costs and age are key factors. Half of those facing a 30% or more increase paid the full amount. Policyholders are using new plan structures and cost-saving measures to manage expenses.