“Completely Unsustainable”: Obamacare Destroys Middle Class, Rising As Much as 67%. Just in 2017.

Tuesday, October 4, 2016
By Paul Martin

Mac Slavo
October 3rd, 2016
SHTFplan.com

Minnesota is in good company.

Like dozens of other states across the country, its government-mandated health care exchange is facing steeply-rising premiums for individual plans at levels that are both outrageous and completely impossible for the average Middle Class family to pay or keep up with.

And as future rates continue to rise – and it’s going to hurt a lot of people.

Because the system was designed to fail; or, because the government and health care lobbies have so little regard for the people that will actually have to live and die by their rules, the prices are skyrocketing by more than 50% in Minnesota – and by similarly absurd numbers in other states – and the exchange narrowly avoiding collapsing altogether in 2017.

via the Daily Caller:

Minnesota will let health insurers increase their rates by at least 50 percent next year to protect the state’s Obamacare health insurance individual market from “collapse,” the state announced Friday.

[…]

The increase in premiums for next year will range between 50 percent and a staggering 67 percent. This comes on the heels of an increase of between 14 percent and 49 percent for 2016. After those increases, Rothman warns, the annual growth rate will be completely unsustainable, showing a desperate need for reform.

The Rest…HERE

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