- The increase is 25% if only the main benchmark plan is factored into the equation. The increase is actually 22% if all plans offered under Obamacare are considered.
- The increase is an average. Yes, this means some individuals will see increases of more than 22% or 25%. Some will see less. That’s the way averages work. At least one state (Indiana) will see premiums decline by 3%.
- Only some of the millions of people insured through Obamacare will see increases. The increase in premiums is not across the board for all insureds.
- Of those seeing an increase in premiums, most will receive an increase in government subsidies to offset the increase in premiums.
- Many of the increases are on rates which were well below average to begin with as insurers sought to entice new customers to purchase insurance through the exchanges set up through the Obamacare website.
- He is not insured under Obamacare.
- He had not read the article; he admitted he had only read the headline.
And sometimes the devil isn't hiding in the details; sometimes, the devil is smiling in plain sight on top of a headline.
That's all I have for today. Back with another post tomorrow. Until then, remember to be good to one another.