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Health Insurers: Huge Obamacare Premium Hikes Are Coming

indeptex53 Wrote: Mar 14, 2013 6:37 PM
Game, set, match!

Thanks, Obamacare:
 

Some Americans could see their insurance bills double next year as the health care overhaul law expands coverage to millions of people. The nation's big health insurers say they expect premiums — or the cost for insurance coverage — to rise from 20 to 100 percent for millions of people due to changes that will occur when key provisions of the Affordable Care Act roll out in January 2014. Mark Bertolini, CEO of Aetna Inc., one of the nation's largest insurers, calls the price hikes "premium rate shock." "We've done all the math,...