OBAMACARE PREMIUMS WILL INCREASE 20% TO 93%: OBAMA SAYS IT’S JUST A TRANSITION, HE HAS NOTHING TO DO WITH IT

Posted on October 21, 2016

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Zero Hedge: “Obamacare premiums are skyrocketing out of sight. A jump of a mere 30% looks like a good deal compared to jumps of over 50% in six states, and 93% in New Mexico. Congratulations are in order for those living in a handful of states whose premiums only rose 20%. The Wall Street Journal reports Rate Increases for Health Plans Pose Serious Test for Obama’s Signature Law.”

Approved Hikes
◦Approved Hikes Just Under 20%: Colorado, Florida and Idaho
◦Approved Hikes 20% to 29%: Connecticut, Georgia, Indiana, Kentucky, Maine, Maryland
◦Approved Hikes 30% to 49%: Alabama, Delaware, Hawaii, Kansas, Mississippi, Texas
◦Approved Hikes 50% to 92%: Arizona, Illinois, Montana, Oklahoma, Pennsylvania, Tennessee
◦Approved hikes 93%: New Mexico
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Obama said this is a transition, policy prices for young and healthy millennials are too low.

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Zero Hedge: Obamacare Premiums Up 30% In TX, MS, KS; 50% In IL, AZ, PA; 93% In NM: When Does The Death Spiral Blow Up?
OBAMA SAYS I HAD NOTHING TO DO WITH SKYROCKETING HEALTH INSURANCE COSTS: HILLARY WANTS TO FIX IT

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Posted in: News, Politics