Tag: insurance costs
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What to Know as Insurance Premiums Rise: ACA Open Enrollment Kicks Off
Understanding the Shift in Health Insurance Premiums As the Affordable Care Act (ACA) open enrollment begins this Saturday, many Americans will face the reality that health insurance costs are rising. Officials project the largest annual increase in premiums since the law took effect more than a decade ago. For households already budgeting for essentials, this…
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Why Car Insurance Has Gotten So Expensive: Understanding the Rising Costs
Rising Costs Aren’t Just About Your Premium Car insurance bills have been climbing for years, and many drivers are left wondering why. While each policy is unique, several broad factors tend to push prices higher: increased repair costs, higher medical bills, more frequent or severe accidents, and shifts in regulation and underwriting practices. Understanding these…
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Why Car Insurance Prices Are Rising: A Look at the Cost Drivers
Introduction: Why car insurance costs have become a common concern The NPR series Cost of Living is highlighting how everyday expenses are shifting under persistent inflation. Car insurance is one of the fastest-moving costs for many households. When premiums climb, it isn’t just a number on a bill — it changes budgeting, commuting choices, and…