GREAT NEWS! Minnesota 2017 Obamacare Premiums ONLY Rising 50 Percent!

“Now, I just want to repeat this because there’s so much misinformation about the cost issue here.  You talk to every health care economist out there and they will tell you that whatever ideas are — whatever ideas exist in terms of bending the cost curve and starting to reduce costs for families, businesses, and government, those elements are in this bill.” –President Barack Obama, Dec. 15th, 2009

Comment: OCTS SALUTES the Affordable Care Act for making care so affordable, “bending the cost curve,” and holding rate hikes to a mere 50% a year.  Premiums to citizen: “Can you pay me now?”

“Health insurers are boosting individual market premiums by an average of 50 percent or more next year, increases that regulators say are necessary to save a market that otherwise was on the verge of collapse.”

“The increases were announced Friday by the state Commerce Department, and show premiums will jump even higher than proposed rates that were made public on Sept. 1.”

“At that point, carriers sought increases ranging from 36 percent to 67 percent. But the final average increases will range from 50 percent to 67 percent, depending on the insurer.”

“The changes impact the individual market, where about 5 percent of state residents buy coverage. It’s the portion of the market that includes the state’s MNsure exchange, and has undergone significant changes with the federal Affordable Care Act.”

Health plan premiums to jump more than 50 percent in Minnesota
 Star Tribune
SEPTEMBER 30, 2016 — 12:46PM

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