Obamacare Triples Kentucky Family’s Insurance Overnight
26th September 2013
The Mangiones’s insurance company, Humana, declined to comment. Humana did, however, include the following explanation in the rate spike announcement letter:
If your policy premium increased, you should know this isn’t unique to Humana—premium increases generally will occur industry-wide. Increases aren’t based on your individual claims or changes in health status. Many other factors go in to your premium including: ACA [Affordable Care Act—also known as Obamacare] compliance, including the addition of new essential health benefits.
How’s that Hope & Change working out for you?