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Friday, March 22, 2013

Insurance premiums are going to spike this fall — big time - Health - AEI

Insurance premiums are going to spike this fall — big time - Health - AEI
The final regulations on health insurance rates came out today, and the administration left a lot of the costliest Obamacare provisions intact.
This means health insurance premiums are going to spike this fall. In many markets, perhaps substantially.
It was an odd political decision. Delayed implementation of some of the costlier provisions would have gone largely unnoticed by most consumers. Even the political left would have probably accepted a delay if it made the law’s overall implementation go more smoothly. On the flip side, once premiums spike this fall – and they will – the ensuing backlash could cost the Administration even more support for the law.

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