Premiums Have Doubled Since Before Obamacare, Says HHS Report

Obamacare’s insurance regulations contributed to premiums doubling over the course of four years, finds a new federal report.

The findings, assembled by the Health and Human Services Office of the Assistant Secretary for Planning and Evaluation, show that since 2013, one year before the Obamacare regulations were fully implemented, premiums have risen from an average of $2,784 in 2013 to $5,712 in 2017 on the federal exchange, healthcare.gov. This represents an increase of $2,928, or 105 percent.

Premiums tripled in Alaska, Alabama and Oklahoma during the same time period, and the lowest premium increase, 12 percent, was in New Jersey.

…continue reading

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: