Find Out How Much Obamacare Rates Increased in Your State
Premiums under the Affordable Care Act will rise in nearly every state this year, spiking health insurance costs for nearly all Americans, according to a new report.All states, with the exception of Mississippi, saw the cost of health insurance premiums increase for 2016. And in most states, Americans using Obamacare’s individual marketplace to purchase insurance saw premium costs rise by double digits.Freedom Partners, a nonprofit organization advocating free markets and limited government, reported that four states—Minnesota, Alaska, Tennessee, and Hawaii—will be hit with average premium increases of 30 percent or more. Another 17 states will see spikes of at least 20 percent.Nathan Nascimento, the group’s senior policy adviser, said a “sicker risk pool” coupled with Obamacare’s “onerous and crushing mandates” caused the across-the-board hikes.
Source: Find Out How Much Obamacare Rates Increased in Your State
