Sample market: 88% increase in premiums under Obamacare
June 10, 2013
That is not a typo. The 88% jump in premiums is the projection from Ohio’s Department of Insurance. To lend greater credence to the estimates, Millman Consulting and the Society of Actuaries have predicted similarly drastic increases in premiums for the state of Ohio.
Hold on to your hats – 2014 could be a bumpy ride for individuals and employers alike.