Monday, April 14, 2014

On the cost to you of Obamacare (UPDATED)

UPDATE: Obamacare premiums to rise at record pace   ... "The bad news? It's certain that premiums for Obamacare plans are going up - and they're rising at a record pace."

Shredded tire
 
Here's how much health plan premiums spiked over the last four years of Obamacare's rollout    "The average increases for the present quarter are in excess of 11% in the small group market and 12% in the individual market, where consumers purchase coverage directly from health plans. Some states show increases 10 to 50 times that amount. The analysts conclude that the “increases are largely due to changes under the ACA.” So how do these increases, for the health plans renewing this quarter, compare to rate increases experienced during other quarterly periods over the last four years?
 
Varney & Co.: Health-care premiums rising 11% for individuals  
"Grace-Marie [Turner] joins Stuart Varney on Fox Business to discuss a recent survey that showed big increases in health insurance premiums." Video.
image9-Gallery: Obamacare cartoons
 

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