These are premiums increases that companies ask for from President OBama and He Approved Them e.g., In some states, the premium increases are striking. In Arizona, unsubsidized premiums for a hypothetical 27-year-old buying a benchmark “second-lowest cost silver plan” will jump by 116 percent, from $196 to $422, according to the administration report.
Tennessee over 60%, Texas over 60%, Arizona 116%, New Mexico 93%, New York 80%, According to the U.S. Department of Health & Human Services.
Mr. Wells, of Colquitt, Georgia, is facing a massive (and I do mean massive) increase in his monthly health insurance premiums, according to a letter he received from BlueCross BlueShield of Georgia. “Your current monthly premium is $711.83,” read the letter. “Starting in January, your monthly premium will be $1,872.17.”
“In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year,” he said. But thanks to ObamaCare, the Wells family’s premiums will increase by $13,200 per year. “It was really tough to play the $700 per month,” Mr. Wells told me. “With this new increase, I don’t see any way we can do that.”