HealthTax, Benefits & Cost of Living
Health insurance premiums rise sharply again
◆1 source
Health insurance premiums were reported to have risen sharply again. The account said that all adults can choose another health insurer, with healthy people in particular switching to the lowest-priced provider. The 2006 Health Insurance Act was intended to encourage insurers to compete on both price and quality, but this was described as an illusion because an insurer investing in quality also benefits its competitors.