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Finding out what’s in it: Health insurance rates on the Obamacare exchange in California will rise 13% next year.
Large increases on Obamacare exchanges have been par for the course throughout the country this year, which is not really a surprise for anyone who was willing to read more than one sentence of a plethora of predictions made by conservatives in 2010 before Obamacare was passed. They predicted then, as this article notes is now happening, that
Fewer people are signing up through the exchanges than anticipated, and they’re using more health care services than anticipated. That’s left insurers with fewer customers to share the overall cost.
Obviously, according to Obama and Clinton and the entire Democratic Party, the solution to this failed government health program is an even bigger government health program! Won’t that just be peachy-keen!