Residents in the Buckeye State will see in a jump in their insurance rates very soon.
Politico is reporting that premiums in Ohio will rise by 41 percent:
“The Ohio Insurance Department says individuals buying health insurance can expect an average 41 percent increase next year because of the president’s health care law. It projects small-business premiums will increase 18 percent for those in the SHOP exchange. Overall costs to insurers are expected to rise 83 percent, the department said.
‘Ohio has traditionally had a more competitive health insurance market than other states with a wider range of prices and choices — from simple, high deductible coverage to comprehensive, full service plans,’ said Lt. Gov. Mary Taylor, a vocal Obamacare critic who’s also the state’s insurance commissioner. ‘That level of diversity is essentially outlawed under Obamacare so Ohio’s rates and premiums are going up significantly, and going up more than in other states where prices were already high.’ The figures do not take into account subsidies some people will receive.’”
Just yesterday it was reported that Georgia will see rates rise because of the law. In the coming weeks, we expect more and more states to realize that this government takeover of healthcare is simply unsustainable.