Maya Rodriguez, KUSA
KUSA – It’s called a type of “market correction” in the world of health insurance. In Colorado, though, the proposal to raise the rates of some health care plans could end up costing you.
Adam Fox is with the non-profit, non-partisan group “Colorado Consumer Health Initiative,” which follows issues involving health insurance and costs.
“Really, the crux of the problem is the underlying health care costs,” Fox said. “Insurance rates are based on health care utilization and medical trend and pharmaceutical costs and all of that, which they don’t always have 100-percent control over.”
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