From a stunned New York Times:
Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.
Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.
The bulk of the ObamaCare law doesn’t go into effect until next year, at which time insurance companies must get approval from regulators for any increase in rates over 10 percent. So, who (besides the NYTimes) is surprised by insurance companies scrambling to increase rates before that happens?
Yeah, me neither.