Philip Klein: Obamacare’s rate shock hits the Buckeye state

Published



Ohio Department of Insurance officials announced last week that average premiums in the Buckeye state would soar 88 percent once President Obama’s health care law kicks in. The news added fuel to an already raging debate over Obamacare’s effect on insurance costs.

Ohio’s insurance department disclosed that a total of 14 insurance companies had proposed rates on 214 plans to be offered through the federally run insurance exchange set to open on Oct. 1 and begin providing benefits in January.

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