Obamacare Premiums Increase Again

Many Americans purchasing Obamacare-compliant health insurance plans will pay significantly higher premiums next year for coverage that generally carries large deductibles and has narrow provider networks. The high premium and high deductible combination likely contributed to the administration’s decision to wait until just before open enrollment, and after election day, to publicize the rates. These premium increases are on top of last year’s average increase of nearly 50 percent for individual market coverage.

Read more at the Senate Republican Policy Committee website