Obamacare insurers ask for massive rate hikes for 2016

Obamacare insurers ask for massive rate hikes for 2016



Fox News reports “dozens” of insurers nationwide have indicated they will need to increase their rates by as much as 30 percent in order to accommodate “higher-than-expected care costs from customers they gained under the ObamaCare’s coverage expansion and the rising cost of prescription drugs and other expenses.”