Obamacare’s “Rate Shock” Rears Its Head in California

Late last week Obamacare’s supporters (the few it has left) sent out a universal cheer. Insurance companies in California, a crucial test state for the massive health bill’s implementation, issued rates for the individual market. Conservatives expected a “sticker shock” as prices were driven upwards by community rating, banning underwriting and implementing stringent regulations on…
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