An Insurer Wants to Raise Its Obamacare Premiums by 85 Percent. Don't Sweat It. by Jordan Weissmann

An Insurer Wants to Raise Its Obamacare Premiums by 85 Percent. Don't Sweat It. by Jordan Weissmann

Under Obamacare, health insurance companies that want to jack up their premiums by more than 10 percent in a year are required to submit their requests to state and federal regulators for review. 

Yesterday, the U.S. Department of Health and Human Services posted all of those petitions online in an easily searchable database, which revealed that a number of insurers are, in fact, asking for double-digit rate hikes. 

As Politico notes, some large plans could theoretically get 20 or even 30 percent more expensive. 

The New York Times found one insurer in Georgia looking to up its premiums by as much as 85 percent. The Wall Street Journal, which reported on the news earlier after states began making the filings public, thinks it is "setting the stage for an intense debate this summer over the law’s impact."

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An Insurer Wants to Raise Its Obamacare Premiums by 85 Percent. Don't Sweat It. by Jordan Weissmann

http://www.slate.com/blogs/moneybox/2015/06/02/obamacare_2016_premiums_insurers_ask_for_big_rate_hikes.html?wpsrc=slatest_newsletter&sid=5388f43add52b8e41100cd7e

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