http://www.msn.com/en-us/money/healthcare/obamacare-sticker-shock-price-hikes-are-on-the-way/ar-BBtnQ8N?li=BBnb7Kz&ocid=mailsignout
Insurers cite rising drug costs and patients who utilize a lot of medical services for the price-hike requests, which range from 17 percent in New York, and more than 20 percent in Virginia, to 30 percent rate increase requests from Oregon's largest insurers.
One of the underlying reasons for the big requests has to do with the expiration of the reinsurance program under the Affordable Care Act, which had served to offset some of the losses due to sicker customers who racked up high medical bills.
:lol:
