Here comes the train wreck…
Via Fox News:
Top health insurance companies in numerous states are looking to hike premiums by double-digits – some by roughly 30 percent or more – for ObamaCare plans in 2018, according to newly released figures that could light a fire under stalled efforts on Capitol Hill to fix the program.
“A lot of us have lost focus on the fact that the system we have doesn’t work,” White House Budget Director Mick Mulvaney told “Fox & Friends” on Wednesday, referring to the proposed premium hikes.
The Wall Street Journal reported that major insurers in Idaho, West Virginia, South Carolina, Iowa and Wyoming are pitching premium hikes averaging 30 percent or higher.
Other states also could see double-digit hikes, including New Mexico, Tennessee and Texas – while elsewhere, insurers are eyeing smaller increases.