Thursday, June 04, 2015

Frankfort Obamacrats understate ObamaCare premium increases for 2016

The Kentucky Department of Insurance released a partial list of "average rate increases" for 2016 ObamaCare health plans in the state yesterday which conflict with the rates they sent to the Obama Administration.

The DOI's release yesterday claimed Anthem had requested an average increase of 14.6%, but reported to Obama four different rate increases for four different Anthem plans: 13.18%, 14.31%, 17.00% and 21.46%. The average of those numbers is 16.49%. The DOI's release yesterday claimed Humana had requested an average increase of 5.2%, but reported to Obama six different rate increases for six different Humana plans: 13.74%, 11.63%, 25.88%, 11.28%, 11.78%, and 10.98%. The average of those numbers is 14.22%.

This is exactly the kind of dishonesty and confusion we have come to expect from these people.