|By The Palm Beach Post, Fla.|
|McClatchy-Tribune Information Services|
In fact, Obamacare is only partly responsible. Insurers get most blame as they seek maximum profits before the health care landscape drastically changes. "Everyone is sort of (saying) 'Well, we don't know what the future is, so let's lock in as much money as we can," said
The steep increases mostly affect individuals without employer-sponsored coverage and small groups that will be able to buy coverage on the exchanges with federal subsidies. Though the new law requires states to review rate increases larger than 10 percent, not all states have the authority to reject requests deemed unreasonable. Though
California Insurance Commissioner
This newspaper has consistently pointed out that the law was an imperfect first step. As major steps are taken year this year to prepare for next year's roll-out, flaws likely will be revealed, and necessary adjustments should be made.
(c)2013 The Palm Beach Post (West Palm Beach, Fla.)
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