Obamacare’s Double-Digit Rate Hikes For 2016 Disclosed
ByAfter two years of relatively stable premiums across the country, rates will jump in 2016 by double-digit percentages for individual policy purchasers on public exchanges under the Affordable Care Act in practically every state, according to the first glimpse of proposed costs for next year released by the Obama administration.
The rate increases aren’t a huge surprise as healthinsurers across the country in recent weeks have been disclosing price increases in drips and drabs as they submit them to state and federal regulators. Here’s a link to the rate increases insurers have requested in your state for just those plans asking for increases of 10 percent or more…