Matt Vega with Intercon, a Texas based firm, talked about recent changes in the health insurance industry on the Monday edition of Lubbock's First News with Tom Collins and  Laura Mac on News/Talk 790 KFYO.

Vega discussed how the Affordable Care Act has made it hard for individuals to understand how to purchase health care coverage.

Vega explained how industry analysts are unsure how much the price for health insurance will rise in comparison to last year's rates.

"If you look at the industry as a hole, pricing did not go up much from last year to this year," Vega said. "The problem was that your plan probably was not compatible with the law to begin with. If you had a  small business plan or a group plan  or if you were on a large business plan you probably did not see  much of a price change. In particular if you are an individual you saw a massive rate change because now  we have attorney's fees in there, we have to have mental illness in there and if you have children you have to put vision and dental in there, that's what raised your rates to begin with,. So it's not  like your pricing went up, it's that your plan got better."

Vega went on to describe how rates for prescription drugs have increased as well.

He also referred to how the lack of accountability among individuals in regard to maintaining their health has led to higher premiums as well.

To hear Matt Vega's complete interview click here:

For those listening on mobile devices follow this link Matt Vega on KFYO August 18, 2014

KFYO's Tommy Young contributed to this post