Sunday, April 24, 2016

Obamacare Premiums

From The American Thinker:
Many insurers will try to keep the increases down by raising deductibles.  In many cases, Americans are purchasing plans with higher deductibles than the plans they had before Obamacare became law.  This is another promise gone by the boards when Obamacare was being sold to the public. If insurance companies don't receive the increases they need to be profitable, there will be many more exits from the exchanges.  At some point, the entire system could collapse.  No one is sure where the tipping point is, but with fewer plans to choose from next year and a big increase in rates for less coverage, the consumer will probably let us know when the end comes. (Read more.)

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