Wednesday, June 3, 2015

More on Obamacare's Double Digit Rate Hikes

Yesterday, I pointed out that this blog would have room for nothing else if we discussed every local newspaper’s coverage of how Obamacare’s outrageous 2016 rate hikes were going to hit their community. Well, the House Speaker John Boehner’s office collected and summarized many of the articles, from the Wall Street Journal to the Wichita Eagle; from the New York Times to the Fayetteville Observer.

Insurance expert Bob Laszewski corroborates my conclusion from yesterday: It is surprising that insurers are asking for such “eye-popping” premium hikes while they still have taxpayers’ protection from losses via Obamacare’s risk corridors and reinsurance.

Read the entire entry at NCPA's Health Policy Blog.

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