AI-assisted summary

These increases mirror a national trend, with proposed rate hikes averaging 20% for individual plans across the US.

Medical inflation, including rising care costs and increased utilization, is cited as the primary driver.

Despite the hikes, experts suggest insurers aren't profiteering, citing high medical loss ratios and financial strain.

Troy Morris has a startup aerospace company that's developing a commercial vehicle for moving around objects and debris in outer space.

But right now he is facing an earthbound problem, one that is likely to soon get worse.

Marquette-based Kall Morris Inc. has 20 employees and saw the cost of its small group health insurance plan jump nearly 12% this year.

With the recent news that Michigan health insurers are seeking more dou

See Full Page