Brace for Health Insurance Premium Increases

Following a report that health insurance companies are preparing Americans for premium increases in 2017 for plans available on the ObamaCare exchanges, FreedomWorks CEO Adam Brandon commented:

“Just last week, the nation’s largest health insurer, UnitedHealth Group, announced that it would exit ObamaCare exchanges in most states because of significant financial losses. Now, insurers are warning Americans that significant premium increases are coming in 2017. Mandates and regulations have caused millions of consumers to lose the coverage and providers they had and liked and, along with decreased competition on the exchanges, will lead to premium hikes next year. Americans’ worst fears about ObamaCare have become a reality.”

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