O-Care premiums to skyrocket
Health industry officials say
ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration.
The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.
The insurance official, who hails from a populous swing state, said
his company expects to triple its rates next year on the ObamaCare exchange.
The hikes are expected to vary substantially by region, state and carrier.
Areas of the country with older, sicker or smaller populations are likely to be hit hardest, while others might not see substantial increases at all.
But insurance officials are quick to emphasize that any spikes would be a
consequence of delays and changes in ObamaCare’s rollout.
“We’re exasperated,” said the senior insurance official. “All of these major delays on very significant portions of the law are going to change what it’s going to cost.”
Read more:
http://thehill.com/blogs/healthwatch/he ... z2wQB9Q4Fw
There it is above....exactly what I been sayin' for the last several years.
Old Pudfark sez: " No free milk....ya don't get something....for nothing. "
