Premiums Rising

Health insurers in New York state are reportedly asking for an average 24 percent hike in premiums next year under ObamaCare and are blaming the large increase in President Trump's repeal of the mandate requiring everyone have health care coverage. "The New York Post" reports that the increase would only have been about 12 percent had the individual mandate been left in place. The biggest increase request comes from Fidelis, which insures about 40 percent of New Yorkers. Last year, the state Department of Financial Services approved a nearly 14 percent rate hike for individual policies.


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