Health insurer gender rating costing women: report
By Lauren McNitt
ProWEB Wire (Industry News)
Women still pay more than men for the same health coverage, according to a new report from the National Women’s Law Center.
While the federal health care reform law will ban “gender rating” beginning in 2014, the report indicates insurers in most states are not yet taking steps to reduce the gender price gap. In states that have not prohibited gender rating, 92 percent of the top health plans charge women more than men, according to the report.
In addition, gender rating costs women an estimated $1 billion per year, the center said.
The health care reform law will prohibit insurance companies from gender rating in 2014, when the law is fully implemented.
"It's important that women learn how the law corrects insurance discrimination, which costs them hard-earned dollars, and how it is already working for them in many other ways," said Marcia D. Greenberger, co-president of the National Women's Law Center in a statement.