Obamacare's November Surprise

  • 3 November 2014
  • jwoodie
President Barack Obama - Obamacare November Surprise

Is there a big rate hike in health care premiums coming to the obamacare">Obamacare exchanges in November? Possibly . . . but the White House has decided it won't release any price information until well after the November elections:

"The open enrollment period begins Nov. 15, over a week after the Nov. 4 elections, and lasts just three months - half as long as the first open enrollment run. The GOP has urged the administration to release the rates as soon as they're finalized so that customers have more time to budget (and presumably because hikes would be detrimental to Obamacare supporters come election time).

"'The administration will know exactly what health insurance plans cost on November 3, and they should release that information to the public on that day so families can start to plan,' Tennessee Republican Sen. Lamar Alexander said last week, fearing the administration would 'hide' rates until after the election.

"Average premiums across the country are higher than last year on the Obamacare exchanges. The left has applauded lower rate increases in certain states; other states have been hit with ongoing double-digit rate hikes."

The only reason to keep the new rates secret - and to ban health insurance companies from talking about anything they find on the healthcare.gov website - is politics.

If rates were coming down, the Obama administration would put the information out right now to help congressional democrats">Democrats who are reeling from their Obamacare votes.