Thanks Obamacare: Texas Health Insurance Costs Will Soar By 60%
by Tyler Durden
ZeroHedge.com
6/2/2016
According to the Houston Chronicle which cites federal regulator filings, Blue Cross and Blue Shield of Texas – the state’s largest insurer – has asked for rate hikes of nearly 60% for next year in three popular HMO plans. The company, which is the only carrier to offer health coverage in all of Texas’ 254 counties, would not specify Wednesday what would happen if does not get the rate increase it says it needs.
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