Insurer Push for High Obamacare Premiums Tops Burwell Challenge
This article is for subscribers only.
The first challenge Sylvia Mathews Burwell may face as the nation’s top health official could come from the insurance industry.
WellPoint Inc., the biggest commercial insurer in the health law’s exchanges, said last month it may seek “double-digit plus” premium increases for 2015. While many other insurers have declined to comment on next year’s rates, large price increases may chase people away in Year 2 of Obamacare, giving foes impetus to push changes.