Saturday, April 23, 2016

The woman who ran Obamacare says BIG health insurance prices hikes are coming

File:Marilyn Tavenner, Acting Administrator for the Centers for Medicare & Medicaid Services delievers remarks at the HHS 2014 Budget Press Conference, April 10, 2013.jpg
Photo Courtesy of Wikimedia Commons

By Dan Mangan, CNBC

Marilyn Tavenner's crystal ball didn't foresee the initial epic flop of HealthCare.gov when she actually ran the agency in charge of the website. Now, as an insurance lobbyist, she sees big jumps in Obamacare insurance premiums next year.

"I've been asked, what are the premiums going to look like? I don't know, because it also varies by state, market, or even within markets," Tavenner told the MorningConsult.com in an interview.

"But I think the overall trend is going to be higher than we saw in previous years. That's my big prediction," said Tavenner, who is now president and CEO of America's Health Insurance Plans, the industry's lobbying group.

READ THE ENTIRE ARTICLE FROM CNBC

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