Get ready for another big one — another big ♡bamaCare!!! rate hike — detailed by PRI’s Sally Pipes:
A new analysis from PricewaterhouseCoopers projects that average premiums for policies sold through Obamacare’s exchanges will increase 7.5 percent in 2015.
In nearly one-third of the 29 states that PwC investigated, premiums will rise by double digits. In Indiana, the average increase will be 15.4 percent. In Kansas, it’s 13.6 percent. Florida’s insurance commissioner says premiums are set to climb 13.2 percent.
For this latest round of premium shocks, consumers can thank Obamacare’s unwieldy mix of taxes, regulations, and mandates.
Does this mean me and my typical American family of four will have to wait another year to save that promised $2,000?
Yeah, we never were waiting for that to happen. Any sensible person knew it was all a lie. But do click and read all of what Pipes has to say. There are many big, scary numbers for you to enjoy with your coffee this morning.
What I’m still waiting to see from the various pundits of the apologist stripe, is how politically-connected insurers selling a bloated product to a captive market was ever supposed to reduce costs to the consumer.