Confirmed: Obamacare’s 2016 Average Rate Hike Was Eight Percent

We are already anticipating double-digit premium hikes for Obamacare plans in 2017, based on insurance filings in a sufficient number of states to show the trend.
Obamacare’s defenders point out two limits to these leading indicators. First, they are requested, not approved rate hikes. Second, Obamacare beneficiaries can trade down. A person whose plan raises premiums by double digits can switch to a plan with a lesser increase. Both criticisms are fair.
Nevertheless, now that the dust has settled on 2016, and all the data on this year’s enrollment analyzed, we can confirm from two pro-Obamacare sources that premiums in Obamacare’s exchange

Read more at The Independent Institute