Wednesday, August 16, 2017

Obamacare Rates in New York State to Rise 14%

 
By Glenn Blain

ALBANY — New Yorkers who purchase insurance through the state's Obamacare exchange will face steep rate hikes next year — but not as steep as the insurers wanted.

State officials on Tuesday announced that rates for individual policies offered through New York’s insurance marketplace will increase, on average, 13.9% in 2018.

It will mark the second consecutive year that consumers seeking health insurance on New York’s exchange will face double digit rate increases. This year’s rates jumped an average of 16.6% from those offered in 2016.

Click here for the full article.

Source: The New York Daily News (via The Empire Report) 

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