Obamacare health insurance policy rates to increase by 18-60% in 2016
June 3, 2015
Health care insurance policy premium rates are expected to go up by as much as 60% in 2016, according to recent news reports.
In 2014, the average health insurance health care insurance premium rates for a 40-year old non-smoker ranged from $200/month to more than $600/month ($2,400 to $7,200/year), depending on state and individual plans.
The "Affordable Care Act" (ACA), commonly known as "Obamacare" for being President Obama’s signature legislation, went into effect in December, 2009.