When it comes to health care, the next few years will likely be an entirely new era, according to health insurers, executives, and policymakers.
While some have predicted that this will happen within the next decade, many others are taking the next six to eight years to come to grips with the fact that the world will not be able to predict what will happen in the next five to 10 years, according a group of experts convened to discuss the future of health insurance in the coming weeks.
“In the near term, we can’t predict what the future will look like.
We just don’t know,” said John S. Schoenberger, chief medical officer at HealthFirst.
“The fact is we have to anticipate a lot of things.
I don’t think we know how much that will affect insurance premiums, how much it will affect people’s quality of life.
It’s not like we have an exact science on that, so we’ll have to wait and see.””
I think that’s going to be the biggest challenge for the next couple of years, because that’s where we’re going to really start to look at this,” he added.
“It’s going for years to follow.”
The problem is that there are very few insurance plans currently available that cover everything that can happen to a human being over the course of a lifetime.
According to a new report by the non-partisan Kaiser Family Foundation, only 13 percent of people currently enrolled in health insurance plans are expected to see their premiums increase over the next two years.
The rest of the population is expected to stay the same or decrease, according the report.
The report also found that only about one-third of people under age 65 have received a new prescription or insurance benefit for the past two years, compared to roughly 80 percent of older people.
This means that many people are already facing a “cost-of-care” crisis that is not expected to go away.
As insurance premiums continue to climb, many people may not be receiving the benefits they need to stay healthy.
The problems with insurance will be especially acute for older adults and the disabled, the report found.
This will mean that the costs of the care they need will increase significantly.
As people become older, their bodies get weaker and their ability to function will become more difficult, the Kaiser report said.
And this will have a serious impact on the costs that insurers are expected be able see from their insurance policies.
The average premium for an individual insurance plan has increased by more than 30 percent over the past five years, while the average out-of pocket expenses have increased by nearly 70 percent.
“Insurance premiums have risen over time by about 50 percent in the last 10 years for the most part,” Schoenberg said.
“So the costs are already out of whack.”
Insurers, which will need to provide more and more comprehensive coverage for older Americans, are also struggling to find enough healthy enrollees to fill out their plans.
“We’ve had an incredible amount of success with enrollments of older adults, but we’re seeing very little success with younger people,” said David McElroy, chief executive of the American Academy of Actuaries.
“And it’s not just in terms of enrolment, but how they’re paying for it.”
“The cost of care will be increasing at a rate we haven’t seen in decades,” McElry said.
For this reason, many insurers are looking at how to shift the costs from older people onto younger people and young adults.
This could mean increasing the deductible to at least $5,000 for a family of four, or by increasing the amount of coverage for people under 25, the age at which insurers have begun to start offering policies.
While the cost of health care has grown at an alarming rate, the average annual premium for a Medicare Advantage plan in 2017 was $1,400, while for the employer-sponsored plan it was $3,000.
The Kaiser report also noted that the average deductible for an employer plan was only $1.15 per month.
The cost problem for insurers is not limited to the individual market.
Health insurers are also faced with a crisis in the workplace.
According the Kaiser study, the number of health workers covered by their employer plans fell from 1.5 million in 2015 to 665,000 in 2017.
In 2017, only 6.7 percent of employees received their coverage through their employers, down from 13.5 percent in 2015.
“I’m sure there are people that are still struggling with the cost issue, and they’re not going to go back to the old way of doing business,” said Charles P. Blahous, executive vice president of the National Association of Insurance Commissioners.
“But there’s a lot more people who are working with it.”
This is why insurance companies are pushing for reforms that are expected in