Insurers will seek significant premium hikes under President Barack Obama’s health care law this summer….
For example, in Virginia, a state that reports early, nine insurers returning to the HealthCare.gov marketplace are seeking average premium increases that range from 9.4% to 37.1%.
The health law’s nagging problems center on lower-than-hoped-for enrollment, sicker-than-expected customers, and a balky internal stabilization system that didn’t deliver as advertised and was already scheduled to be pared back next year.
Who is truly surprised by this? Oh, yeah….