Showing posts with label Sally Pipes. Show all posts
Showing posts with label Sally Pipes. Show all posts

Thursday, September 7, 2017

McKinsey analysis finds health insurance premiums shot up 279% on average, mostly because of guaranteed issue and community rating

From the story here from Sally Pipes:

The analysis was conducted by McKinsey for the Department of Health and Human Services. The consulting firm looked at rate hikes in four states: Georgia, Pennsylvania, Ohio, and Tennessee. Premiums in each had doubled or tripled since 2013 -- the year before Obamacare went into effect. 

In Georgia, the average premium for the equivalent of a mid-level "Silver" plan for a 40-year-old male went from $94 a month in 2013 to $323 a month in 2017. In Tennessee, it went from $104 a month to $431.