By using this site, you agree to our Privacy Policy and our Terms of Use. Close

The Affordable Care Act is a mess - a market place with little competition and government forced participation drives up prices.

 

8 States Where Obamacare Rates Are Rising by at Least 30%

In Michigan, for example, state officials just approved price hikes of 16.7%, on average, for individuals purchasing health insurance in 2017 through the state's Affordable Care Act exchange. Individual buyers can expect average increases of 20% in Colorado, meanwhile, and price hikes of 19% to 43% in Iowa next year.Such price increases are actually on the low side compared with states like Minnesota and Oklahoma, where individual plans will shoot up 50% or more on November 1, which is when signups for 2017 coverage on marketplaces are opened.

 

https://time.com/money/4535394/obamacare-plan-premium-price-increases-2017-states/