#Obamacare Sends Iowa Health Insurance Premiums Skyrocketing
9 Oct 2014
Thousands of Iowans are now facing double-digit health insurance premium hikes due to Obamacare.
On Wednesday, the Des Moines Registerreported that the state’s insurance commissioner has approved Des Moines-based Wellmark to hike its rates between 11.9% and 14.5%.
The premium spike will affect 19,000 Iowans.
“That increase is for individual policyholders who have Affordable Care Act-compliant plans,” reports the Register.
CoOportunity, one of the main companies offering health insurance on the Obamacare exchange, will increase its rates 19%.
Nationally, Obamacare remains deeply unpopular. The latest Associated Press poll finds that just 30% of the country supports Obamacare.
President Barack Obama promised at least 19 times that Obamacare would lower health insurance premiums by $2,500 per family.