Rates Spike Under Obamacare

Obamacare

Finding that insurance rates would spike under Obamacare, Georgia Insurance Commissioner, Ralph Hudgens, asks Sec. Sebelius for extension on deadline.

 

Health insurance rates in Georgia are rising by up to 198 percent under Obamacare, the Georgia Insurance Commissioner said in a letter to the Department of Health and Human Services (HHS) on Monday.

States are required by the Affordable Care Act to report new insurance premium rates for state exchanges run by the federal government by the end of July.

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Commissioner Ralph Hudgens in his letter asked HHS Secretary Kathleen Sebelius to extend Georgia’s deadline for reporting the insurance rates by one month to give his office more time to investigate and approve the new, higher rates.

“Georgia consumers cannot afford these massive rate increases,” Hudgens wrote to Sebelius

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Obamacare

Georgia is not alone. This is just one example of what will continue to happen under Obamacare.

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