Another big rate hike expected for 2018 health insurance plans in WA

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Health insurance plan prices for 2018 are expected to rise by 20% according to estimates from the Washington State Insurance Commissioner. This follows a 13% increase for plans in 2017. KVI's Kirby Wilbur and John Carlson argue the influence and impact of ObamaCare on the continuing rise in prices for consumers. (photo: KOMO News). 

KVI's John Carlson and Kirby Wilbur tackle the news that Washington Insurance Commissioner, Mike Kriedler, says health insurance plans are likely to go up by double digits, "are almost a certainty." Open enrollment for plans starts on November 1, 2017.

Wilbur points out that ObamaCare (Affordable Care Act) supporters proclaimed that Americans would pay less for insurance under the landmark 2010 health care law.

For eligible plans in 2017, health insurance rates in Washington increased by 13%. Carlson says the rate hike estimate for 2018 is expected to be 20%.

Carlson lays out three possible options for what can be done to change health care costs. One is to maintain the status quo with the Affordable Care Act (and charge young rate payers much higher than they would typically be). Two is adopt the plan suggested by Vermont Senator Bernie Sanders (D) for single payer health care . Three is to move forward by passing the proposed Senate bill currently known as "Graham-Cassidy".

Wilbur and Carlson assess all three options as the US Senate faces a September 30th deadline to pass any health care reform vote with a simple majority after filibuster rules were suspended.

Offbeat News