Seventeen of the nation’s largest insurance companies are now reporting that insurance premiums are set to spike anywhere from 100 percent to 400 percent for many Americans in 2014. These insurance companies, including the likes of Aetna, Blue Cross Blue Shield, and the Kaiser Foundation have provided the House Commerce Committee with a new report that links the new Obamacare regulations, policies, and taxes to cause a substantial “rate shock” for many. The people who are expected to take the biggest hit are young healthy individuals who purchase their own health insurance.

Obamacare to usher in 100 to 400% insurance rate increases across the board, 5/29/13

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