The Times-Picayune reported on Wednesday that Louisiana's largest health insurer, Blue Cross Blue Shield of Louisiana, plans to increase the rates of its Blue Saver, Blue Max, and Multi-State individual plans sold on the state's Obamacare exchange between 18.3% and 19.7%.The skyrocketing rates will hit 52,638 Louisiana residents.Other insurers in the state are also moving forward with major premium increases. "Humana Health Benefits Plan rates under the Affordable Care Act will increase 9.9 percent... Vantage Health Plan Inc. said it was moving forward with its plan for a 15.89 percent increase," reports the Times-Picayune.
and one on the latest situation in Iowa:
On Wednesday, the Des Moines Register reported that the state's insurance commissioner has approved Des Moines-based Wellmark to hike its rates between 11.9% and 14.5%.
The premium spike will affect 19,000 Iowans.
"That increase is for individual policyholders who have Affordable Care Act-compliant plans," reports the Register.
CoOportunity, one of the main companies offering health insurance on the Obamacare exchange, will increase its rates 19%.
Nationally, Obamacare remains deeply unpopular. The latest Associated Press poll finds that just 30% of the country supports Obamacare.
President Barack Obama promised at least 19 times that Obamacare would lower health insurance premiums by $2,500 per family.This ought to have a positive effect on the Senate races in those states.
And reinforce post-America's understanding that the MEC era has been one big epic fail.
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