Obamacare rates on the rise

The Affordable Care Act has weathered its share of punches in recent weeks, including a Supreme Court challenge that could have led to its unraveling.

Its next bout could hit consumers in the pocketbook.

In Florida, several big-name insurance providers – including Aetna,Cigna, Coventry and United Healthcare – have already proposed double-digit rate increases for individual health insurance plans, federal records show.

The figures are not final, and they represent only a slice of the plans available on the individual insurance market. (Companies requesting single-digit hikes don’t have to publish their rates until later in the year.) But experts areconfident they’ll see an upward trend, in Florida and nationwide.

– Saint Petersburg Times

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