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Good News Dallas
Lifestyles
Get Ready for Double-Digit ObamaCare Rate Hikes Print E-mail
by Tom McGregor    Mon, May 26, 2014, 08:04 PM

Americans get ready for double-digit increases in your premiums, thanks to ObamaCare.

According to the Houston Chronicle, "The wild hikes in health insurance rates that blindsided many Americans in recent years may become less frequent because of the health care overhaul. Final rates for 2015 won't be out for months, but early filings from insurers suggest price increases of 10 percent or more. That may sound like a lot, but rates have risen as much as 20 or 30 percent in recent years."

President Barry Obama contends that 10% rate increases for health insurance is a good thing.

As reported by the Houston Chronicle, "The rates that emerge over the next few months for 2015 will carry considerable political weight, since they will come out before Republicans and Democrats settle their fight for Congressional control in next fall's midterm elections. Republicans are vowing to make failures of the law a main theme of their election push, and abnormally high premiums might bolster their argument."

If you like your big insurance companies raising your premiums to sky high levels, you can keep it.

To read the entire article from the Houston Chronicle, link here:

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