Carriers have filed preliminary rates for 2016. Increases are in the 20 - 50% range.
But have no fear. HHS Secretary Burwell has a solution to avert the losses.
Lower premiums and make up the losses on volume.
Secretary of Health and Human Services Sylvia Mathews Burwell argued Thursday that premium hikes floated by health insurance companies this week will likely end up being lower once they are finalized. - The HillEither Ms Burwell is looney or she thinks we are.