Side Effects: Obamacare Fueling Higher Insurance Costs
Kathryn Nix /
Despite all the talk about how Obamacare would lower health care costs, it’s already becoming clear that it just won’t be the case.
The Indianapolis Star reports that companies can expect employee health insurance costs to rise even faster. “Driven by worries about the economy and possibly the effects of health-care reform, [health insurers] are raising rates this year for family coverage through employer-sponsored plans… from 8 percent to 21 percent, which is considerably higher than the 5 percent increase the Kaiser Family Foundation reported in 2009.” (more…)