By Jed Graham, Investor's Business Daily
Minuteman Health, the lowest-cost and second-biggest participant on New Hampshire’s ObamaCare exchange, warned last week that it’s requesting a 45.2% premium hike for 2017.
The news comes as New Hampshire insurers reported an 11.7% decline in membership, down from the 55,183 signups reported by the Obama administration as of early February to 48,704 members with up-to-date payments at the start of April.
Including ObamaCare customer exits in five other states — Connecticut, Colorado, Minnesota, Oklahoma and Washington — previously reported by IBD and other news outlets, that averages out to a 14.2% decline. The six states combined had nearly 647,000 customers at latest word, down from more than 753,000.
Obama lied about everything. Obamacare did exactly the opposite of everything he said it would do or not! It will go away but has screwed up coverage and the medical insurance industry forever. Premiums, deductibles and co-payments will never go down to rates prior to Obamacare but stay at current levels and be raised even further in the future.