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Thursday, October 27, 2016

Obamacare Premiums To Go Up By An Average Of 25 Percent


By MccClatchy DC, Oct 24, 2016 

Insurers are raising the 2017 premiums for a popular and significant group of health plans sold through HealthCare.gov by an average of 25 percent, more than triple the increase for this year, according to new government figures.

The spike in average rates for the 38 states that rely on the federal marketplace created under the Affordable Care Act was announced by federal health officials on Monday. The figures serve broadly to confirm what has become evident piecemeal in recent months: Prompted by a burden of unexpectedly sick ACA customers, some insurers are dropping out while many remaining companies are struggling to cover their costs.


Read More: http://www.mcclatchydc.com

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