Look, anyone with a brain knew what a cluster this was going to be, and it is.
Average rate hikes of 16% because not enough are joining the cluster train and more are sicker than previously expected.
Duh, lets see..... You take a bunch of free loaders with no pre-exisiting condition clause... What could go wrong?
-Geaux
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But the size of premium increases could still spell trouble.
ObamaCare premiums are expected to rise more this year in part because insurers initially set their premiums too low. The pool of enrollees has been smaller and sicker than expected and many insurers now need to raise premiums to stop losing money.
An analysis from the consulting firm Avalere Health last week found that early data from nine states indicate an average 16 percent premium increase, compared to about 6 percent at this point last year.
There are examples of even bigger increases. Providence Health Plan, one of Oregon’s largest insurers, is seeking a 29.6 percent increase.
Hillary's ObamaCare problem
Average rate hikes of 16% because not enough are joining the cluster train and more are sicker than previously expected.
Duh, lets see..... You take a bunch of free loaders with no pre-exisiting condition clause... What could go wrong?
-Geaux
------------
But the size of premium increases could still spell trouble.
ObamaCare premiums are expected to rise more this year in part because insurers initially set their premiums too low. The pool of enrollees has been smaller and sicker than expected and many insurers now need to raise premiums to stop losing money.
An analysis from the consulting firm Avalere Health last week found that early data from nine states indicate an average 16 percent premium increase, compared to about 6 percent at this point last year.
There are examples of even bigger increases. Providence Health Plan, one of Oregon’s largest insurers, is seeking a 29.6 percent increase.
Hillary's ObamaCare problem