According to an analysis by The Daily Caller News Foundation, Obamacare premium costs will soar 20.3 percent on average in 2016. Federal officials previously claimed a 7.5 percent increase. The Daily Caller,
The discrepancy is because the government excluded price data for three of the four Obamacare health insurance plans when the officials issued their recent forecast claiming enrollees would face only a 7.5 percent average rate increase in 2016.
When data for all four plans are included, premium costs will actually rise on average 20.3 percent next year. The 2015 Obamacare price hike was 20.3 percent.
The Obamacare program’s federal exchange operates in 37 states where officials declined to set up state-run exchanges. Officials in the U.S. Department of Health and Human Services Center for Medicare Services, which manages Obamacare, only calculated price changes for the health insurance program’s Silver plan, thus ignoring data for the Bronze, Gold and Platinum plans.
Obamacare, the gift that keeps on taking.