Obamacare's double-digit rate hike, explained in 400 words
Obamacare premiums are on track to rise faster than ever before in 2017. The Obama administration released data Monday showing that premiums for midlevel plans will rise, on average, 22 percent between 2016 and 2017.
Yes, that is a huge increase. Last year premiums went up by 7.5 percent.