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Obama health plan hit by double-digit premium hikes

Tuesday, October 25, 2016 9:09
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(Before It's News)

Via Billy

http://ht.cdn.turner.com/cnn/big/us/van/ns-acc/2016/10/25/WE-004TU_CNNA-ST1-10000000039da61a-320x180_700k-1-thumb.jpg
Premiums will go up sharply next year under President Barack Obama's health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That's sure to stoke another “Obamacare” controversy days before a presidential election.
Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less.
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