{"id":3278,"date":"2015-06-10T16:21:39","date_gmt":"2015-06-10T23:21:39","guid":{"rendered":"https:\/\/www.costulessdirect.com\/?p=3278"},"modified":"2015-06-10T16:21:39","modified_gmt":"2015-06-10T23:21:39","slug":"bad-news-looms-obamacare-insurance-premiums-to-jump-51","status":"publish","type":"post","link":"https:\/\/www.costulessdirect.com\/blog\/bad-news-looms-obamacare-insurance-premiums-to-jump-51\/","title":{"rendered":"Bad News Looms – Obamacare Insurance Premiums to Jump 51%"},"content":{"rendered":"
As if things weren\u2019t tough enough on people wanting health insurance<\/a> but having a hard time paying for the coverage they want. Major insurers in some states are proposing up to a 51 percent increase on premiums for health plans sold under the Affordable Care Act and Patient Protection Act, more commonly referred to as Obamacare. Disregarding single digit increases for 2015, health insurance companies are facing cost jumps themselves and are seeking compensation by sticking the consumer with dramatically higher rates.<\/p>\n Health insurers claim that when insurance plans proposed 2015 rates last summer, they had only a little information about the health of the new customers they expected to sign up during the fall Obamacare expansion.\u00a0 According to the Wall Street Journal, larger insurance companies were more apt to ask for increases of less than 10%. Meanwhile, some smaller insurers tried to under-cut pricing by the majors in a plan to take market share.<\/p>\n