As ObamaCare enters its second year, many are wondering what type of rate increases Americans will experience in 2015. Enrollment on healthcare.gov doesn't begin until November 15, almost two weeks after the mid-term elections. Many are calling this a political move to help vulnerable Democrats who voted for ObamaCare win reelection. There is one state, however, that is releasing rate hikes before the election: Alaska. Alaska residents can expect to see rate increases of 35 to 40 percent next year. From The Washington Times:
Those planning to purchase health insurance on the Obamacare exchange will soon find out how much rates have increased — after the Nov. 4 election.
Enrollment on the Healthcare.gov website begins Nov. 15, or 11 days after the midterm vote, and critics who worry about rising premium hikes in 2015 say that’s no coincidence. Last year’s inaugural enrollment period on the health-care exchange began Oct. 1.
“This is more than just a glitch,” said Tim Phillips, president of free-market Americans for Prosperity, in a Friday statement. “The administration’s decision to withhold the costs of this law until after Election Day is just more proof that Obamacare is a bad deal for Americans.”
With more plan cancellations coming this year for Americans who got a one-year exception from ObamaCare mandates (including this American who got her plan cancellation letter in the mail last week), perhaps America is finally ready to reject big government and embrace free-market solutions to healthcare.