According to this page --http://obamacarefacts.com/obamacare-health-insurance-premiums.php
:"ObamaCare does not increase insurance premiums, in fact the law states that as of 2011 insurance companies are no longer be able to raise insurance premiums for the sake of profit (this is ObamaCare's rate review provision). If they do raise premiums they will have to justify rate hikes of over 10% to the state they operate in and then disclose this information immediately on their website and healthcare.gov."
Meanwhile, this release --http://insurance.ohio.gov/Newsroom/Pages/06062013ACAProposedRates.aspx
-- from the Ohio Department of Insurance says:"The Department's preliminary analysis of the proposed plans for the individual market reveal that insurers expect the cost to cover health care expenses for consumers will significantly increase. .. Based on a report released by the Society of Actuaries earlier this year, the Department estimates this increase is an average of 88 percent."
I'm looking at (and searching) healthcare.gov
, but for the life of me I can't find any listings of rate-increase justifications, nor anything at all about insurance rates in Ohio going up.
Can anyone shed any light on this?