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Residents Of These States Are About To Get A Terrible Surprise Courtesy Of Obama

Thursday, June 4, 2015 13:54

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(Before It's News)

Several health insurers in multiple states could see premiums increase by double digits next year.

According to The Hill, all proposed Obamacare rate hikes exceeding 10 percent were required to be posted online by Monday, prompting six months of negotiations between the insurance companies and the government before the final premiums are in place this November.

For example, many insurers in Connecticut are proposing a 10 percent increase for several of their more common plans, while the top insurer in New York wants a 12 percent hike.

“The trend is a little bit higher this year than last year,” Gary Claxton of the Kaiser Family Foundation told The Hill. Claxton reviewed many of the states’ data and said that many increases are around 15 to 20 percent, with some exceptions.

For example, Tennessee’s largest carrier proposed a 36 percent hike; and Maryland’s health insurance leader wants to increase their premiums by a staggering 50 percent.

But Health and Human Services Secretary Sylvia Mathews Burwell insisted the final premiums would not be as high by the end of the year.

“These are the preliminary rates,” Burwell told The Wall Street Journal. “[I]n the end, they were lower in the past year after states reviewed the initial premium hikes posted by plans.”

A recent Quinnipiac poll found that 51 percent of registered voters still disapprove of the law more than five years after it was enacted, while only 43 percent approve.

Sen. Ted Cruz, R-Texas, a declared presidential candidate, weighed in on Twitter:

Huge Obamacare premium increases are on the way: http://t.co/SiKV9m4M63 We need a #FullRepeal now: https://t.co/d95aQNAiI5

— Ted Cruz (@tedcruz) June 3, 2015