Happy Thanksgiving from Obama
Via Montana Standard:
Blue Cross and Blue Shield of Montana, the state’s largest private health insurer, told thousands of customers this week it is raising premiums 3.5 percent in January because of “Obamacare” fees and taxes.
The notice, dated Thursday, went to nearly 3,000 holders of group policies, which insure tens of thousands of Montanans. Blue Cross said it didn’t have an exact count of how many people are covered by the affected plans.
Some of those policyholder signed year-long contracts earlier this year and are getting a mid-year increase, which Montana law generally forbids.
But the law has an exception that says an insurer can increase premiums in the middle of a contract year if costs are affected by a change in state or federal law.