To be clear, these are approved rate hikes, not mere rate-hike requests from the dwindling number of ObamaCare insurers.
President Obama calls this a “transition” because insurers aggressively priced too low to get healthy people to sign up.
It’s a transition all right, to hell, for those watching rates skyrocket.
Meanwhile, young and healthy millennials have decided it is ridiculous to overpay for healthcare with $5,000 deductibles to support chronically ill smokers with cancer.
Who says Millennials are innumerate?