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Obamacare Rates to Increase by 50%

Thursday, June 4, 2015 7:00
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(Before It's News)

From Ghostgen:

Health insurers across the country are eyeing slightly steeper cost increases in 2016, a year that will be an important test for how well ObamaCare is working.

The costs of the lowest-tiered individual plans appear to be ticking up, according to multiple experts who have reviewed the proposed rates. The increases vary wildly among plans and among states, but experts say people are still unlikely to face the kind of doomsday scenario critics predicted would occur under the healthcare law.

“The trend is a little bit higher this year than last year,” said Gary Claxton, director of the healthcare marketplace program for …

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