Obamacare Premiums Increase Once Again

The death spiral of Obamacare continues as premiums are set to skyrocket in Maryland and Virginia

Surprising absolutely no one, the Obamacare debacle continues to unveil itself. And just like any dead-end big…

The culprit, some experts are claiming, is that the repeal of the individual mandate has caused healthier people to drop their coverage and in turn decreased positive cash flow into the marketplace. While true to an extent, premiums already increased drastically—doubled—since Obamacare’s inception. Why? Mandated coverage for pre-existing conditions. Sicker people are guaranteed coverage that is disproportionate to the amount of money they pay, if any.