Obama’s move to keep health plans alive may cause double-digit rate hikes: insurers
Posted on AllSides August 13th, 2014
From The Right
President Obama’s move to allow some who would otherwise have lost their health care policies under the Affordable Care Act to keep their coverage may lead to double-digit rate increases in some states next year, Politico reported.
In fall 2013, when millions of Americans received cancellation notices because their coverage didn’t meet Obamacare regulations, the administration moved to allow insurers to keep offering the policies if state governments approved. Two-thirds of states agreed, Politico reported.
However, ins
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