As it stated in insurancejournal
State Regulators Say Pennsylvania Health Insurance Premiums to Rise
State Regulators Say Pennsylvania Health Insurance Premiums to Rise
State regulators say the cost of health insurance premiums will be going up sharply next year for residents who buy individual plans.The state Department of Insurance said Monday that insurance company rates, based on requests for 2017, include an average increase of 32.5 percent for individual plans and 7.1 percent for small group plans.Officials said they pushed back last year on rate increase requests but, "given challenges companies are facing" and Washington's failure to act on changes to the law, insurance company requests for rate increases next year "were critical to ensuring all Pennsylvania residents continued to have access to health plans through the federal exchange in 2017."Commissioner Teresa Miller said the increases were necessary to keep insurers from abandoning the market completely.
additionally townhall
Ouch: Fewer Americans Have Private Health Insurance Now Than Before Obamacare Reform
Ouch: Fewer Americans Have Private Health Insurance Now Than Before Obamacare Reform
Guy wrote about the coming damage Obamacare will inflict upon us in 2017.In short, it's a total disaster, with premiums set to spike to outrageous levels, 75 percent in Arizona alone.Another punch to the gut regarding this miserable failure of a health care law; there are fewer Americans with private insurance now than there were in 2007 (via Weekly Standard):That's according to the federal government's own figures.
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