Obamacare plans will rise tremendously this year. Even the rates that will be sold off on commercial health plans will spike. At least ten states will be hit by inflation rates in the double digits. There will be several states in for a rude awakening. South Dakota, Delaware, and West Virginia will be seeing a 10% increase in their rates, according to Agile HealthInsurance. They also discovered that about 7% of Obamacare plans added on Healthcare.gov were asking for 14-30% rate increases.
CareFirst Blue Cross of Maryland plans to increase their PPO plans by 34% and their HMO plans by 26%. They have an 80% market share in the Obamacare exchange portal, where only 30% of the people who’re eligible sign up for the exchange.
Blue Cross Blue Shield of Tennessee expects 70% of the Obamacare exchange plans to have a 36% increase in rates, while Humana, the second largest…