Obamacare is a disaster, and it’s only getting worse. The Obama Administration’s efforts to fix one problem have just led to another: “potential double-digit rate hikes in 2015.” No matter how you slice it, Obamacare just doesn’t work, and we must replace it with a market-based system that actually lowers costs. Washington has ignored the majority of the American people and their disapproval of Obamacare, but as Georgia’s next Senator, I will fight to get rid of this failed law and protect Georgia’s families from its harmful effects.
The Obama administration’s effort to end one political crisis during the 2014 Obamacare rollout may have sown the seeds of another controversy: potential double-digit rate hikes in 2015.
If insurers have their way, some residents in politically key states like Florida, North Carolina and Iowa would face hikes of 11 percent to nearly 18 percent — far beyond the average 7.5 percent increase in proposed rates for much of the country.