“Last week, the Ohio Department of Insurance announced that, based on the rates submitted by insurers to date, the average individual-market health insurance premium in 2014 will come in around $420, ‘representing an increase of 88 percent’ relative to 2013. ‘We have warned of these increases,’ said Lt. Gov. Mary Taylor in a statement. ‘Consumers will have fewer choices and pay much higher premiums for their health insurance starting in 2014.’ According to actuarial firm Milliman, the two biggest drivers of the increase are (1) risk pool composition changes and (2) Obamacare’s required expansion of insurance benefits.”

http://www.economicpolicyjournal.com/2013/06/ohio-dept-of-insurance-obamacare-to.html

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