Survey of 148 Insurance Brokers:

 Obamacare Premiums Going thru the Roof

Forbes

Health insurance premiums are showing the sharpest increases perhaps ever according to a survey of brokers who sell coverage in the individual and small group market. Morgan Stanley’s healthcare analysts conducted the proprietary survey of 148 brokers. The April survey shows the largest acceleration in small and individual group rates in any of the 12 prior quarterly periods when it has been conducted.

The average increases are in excess of 11% in the small group market and 12% in the individual market. Some state show increases 10 to 50 times that amount….

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Courtesy of Obamacare, in addition to the premium increases that occurred in December 2013, plans sold directly consumers on the individual market suffered the highest increases.
Delaware – 100%
New Hampshire – 90%
Indiana – 54%
California – 53%
Connecticut – 45%
Michigan – 36%
Florida – 37%
Georgia – 29%
Kentucky – 29%
Pennsylvania – 28%.
Brace yourself America, they’re just getting started.  Someone should be in jail for extortion.

Spike in premiums over past four years since Obamacare (2010)

The data for the rate increases experienced in the small group and individual insurance markets for the last four years is detailed in the graphics below. They show how the rate hikes have accelerated as Obamacare’s regulations have started to get implemented….

See also:  How Much Does Obamacare Rip Off Young Adults? We Ran The Numbers. Here Are The Results.

LINKS:

http://www.forbes.com/sites/scottgottlieb/2014/04/07/health-plan-premiums-are-skyrocketing-according-to-new-survey-of-148-insurance-brokers-analysts-blame-obamacare/

http://www.forbes.com/sites/scottgottlieb/2014/04/07/how-much-have-health-plan-premiums-spiked-over-the-last-four-years-of-obamacares-rollout-heres-the-data/

http://www.forbes.com/sites/scottgottlieb/2014/03/28/how-much-does-obamacare-rip-off-generation-x-we-ran-the-numbers-here-are-the-results/