Is the Affordable Care Act affordable?

Health insurance providers are seeking significant increases in premiums in several states in a move they say is necessary to cover the medical costs of individuals who have newly enrolled as part of the Affordable Care Act (aka Obamacare).

While some insurers are asking for sizable premium increases, it’s not certain that state and federal authorities will approve the increases. In some cases, insurance regulators will be able to ask insurers to pare back premium increases, and the Obama administration can ask carriers asking to boost rates by more than 10 percent to explain their rationale, according to The Wall Street Journal.

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Health Insurers Seek Hefty Rate Boosts

Some Obamacare insurers want massive premium hikes

Got Obamacare? Your premiums are (probably) about to go way up