Texas Facing Huge Obamacare Premium Hikes
on June 03, 2016
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Barely a month ago, I blogged about a nasty November surprise lurking in the electoral shadows -- monstrous Obamacare premium rate hikes.
Huge losses and a supposedly high number of unexpected claims are being blamed for looming rate hikes in the Lone Star State.
The average rate hike for Texan consumers? 35%.
Blue Cross Blue Shield of Texas requested a 58% rate hike for some 603,000 consumers and, "18% increase for 353,000 members who buy plans via the small group market that caters to businesses with fewer than 50 employees," according to Investors.com.






