October 26, 2015

Obamacare prices to rise 7.5%

Politico -Obamacare customers are facing an average 7.5 percent price increase for a key benchmark health plan next year, according to limited data the Obama administration released just days before the start of a challenging enrollment season. But the average rate hikes will vary dramatically from state to state — skyrocketing more than 30 percent in Alaska, Montana and Oklahoma while dropping 12.6 percent in Indiana.

1 comment:

Anonymous said...

Applying the accounting rule of 72, if unabated health fees will double on average in a little more than 9 and half years.
Alaska, Montana, and Oklahoma can expect as much in less than 2 and a half years.
Given that wages have been static for at least least a couple of decades and are unlikely to change much now, what can we conclude about the Affordable Care Act, a.k.a. Obama Care?