Insurance ‘sticker shock’ for home buyers

Health plan sticker shock ahead for some buyers. The prospect of sticker shock after Jan. 1, when those who sign up for policies now can begin getting coverage, is seen as a looming problem for.

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Washingtonians complain they’ve been caught off guard by exorbitant medical bills despite having health insurance. The sticker shock comes from a practice known as balance billing. Balance billing.

Increasingly, experts in health insurance are becoming concerned that many of these first-time buyers will be in for a shock when they get medical care next year and discover they’re on the hook.

It’s a huge sticker shock," said Karen Pollitz. Americans had signed up for health insurance, much of it heavily subsidized by tax credits when income levels allow. The federal government has tried.

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Federal officials are encouraging homeowners in flood-prone communities to consider elevating their homes and increasing their deductibles to cut down on the sticker shock from. require flood.

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(AP) – The next big challenge for the nation’s health care law may be sticker shock, when consumers find they’re still paying high medical bills after buying low-cost insurance for the first time..

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Owners and buyers of multifamily housing are experiencing sticker shock when they refinance, sell or purchase properties. Insurance premiums have jumped as much as 25% because of the broadened insurance requirements set forth by lenders.

“We’re buying insurance that we will never use and can’t possibly. Ken Davis, who manages a fast food restaurant in Austin, Texas, is recovering from sticker shock after the small-business policy.

Fearing the sticker shock, Loyola University Health System in Chicago is offering payment plans to spread the out-of-pocket costs. Some who had private insurance policies that were canceled may find that keeping the same deductibles may mean higher premiums. In California, Diane Agnone complained in an online post on her state’s health marketplace.