A life insurance carrier recently sent a letter stating that there would be a 30% rate increase "due to a greater number of claims than expected." It is legal to make such a drastic increase w/o renegotiating terms or offering a different policy?

Jeanie Amen | Oct 5, 2020 | Category: State government office in Boise, Idaho

Office Of The Attorney General For The State Of Idaho - All questions

Address: 700 W Jefferson St #210, Boise, ID 83720, USA

Bob Sponge | Jun 7, 2022

I would read the fine print, on what you signed for your insurance. However with that said, there are no laws (local, state, or federal) that I saw, that prevents a company from raising their rates. Normally, they will advise you in advance, that they plan to raise rates. Similar to renting a residence or storage unit. As for the greater number of claims, statistically speaking, the epidemic contributed to many deaths, hence the increase you speak of.

Scott Thompson | Oct 5, 2021

St Alphonsus terminated my care without warning. Getting denied healthcare seems to be a common occurrence in America. This country literally doesn't care about human rights. We're paying top dollar for one of the lowest quality levels of healthcare on the planet. Even third world countries literally have better quality healthcare than we do. Pay maximum and receive minimum service in return, that is the way of this deplorably broken American healthcare system. America, I don't care if your hospitals and doctor offices are fancy and luxurious, if you have marble floors and marble walls, if you have large fish aquariums, if you have expensive paintings and interior decoration, or if you have fancy plastic plants. That is all an illusion and it is fake. I care about receiving healthcare and America fails miserably at that basic core function. Healthcare workers have all the power and all the money and they're running rampant dismissing patients acting like they are our masters and we the

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