As many of you are well aware the first open enrollment period in 2013 took place on October 1
st but it appears this year we will have to wait an extra month and a half to learn how much rates have increased – conveniently after the November 4
th election date.
The rate increases could seriously alter the trajectory of the elections as many pivotal Senate contests – in states such as Alaska, Iowa and Louisiana – are facing potential double digit premium hikes.
“This is more than just a glitch,” said Tim Phillips, president of free-market Americans for Prosperity, in a Friday statement. “The administration’s decision to withhold the costs of this law until after Election Day is just more proof that Obamacare is a bad deal for Americans.”
Robert Laszewski, president of Health Policy and Strategy Associates, said in a Monday column in USA Today that “when it comes to a lack of openness and transparency about Obamacare, this administration has no peer.”
Now the majority of states are not facing insane premium spikes like the aforementioned examples, as a survey from PriceWaterhouseCoopers’ Health Research Institute found the average premium increase this year is approximately 5.9 %.
The data collected came from 40 states and the District of Columbia.
Regardless, the timing of the open exchange is quite peculiar and will only further deteriorate the remaining trust afforded to politicians by the electorate.
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