Florida’s largest health insurer is likely requesting rate - TopicsExpress

Florida’s largest health insurer is likely requesting rate hikes for Obamacare plans in 2015 due to “tremendous financial pressure” in the health care exchange, the company’s CEO said Monday. “We will be under tremendous financial pressure initially, given the age, risk profile, and high utilization of the new membership,” Florida Blue CEO Patrick Geraghty told Kaiser Health News. “It is far from clear that large enrollment in the marketplace is a financially beneficial place to be.” *Gee, imagine that. Government involvement driving prices up. Sort of just like we said it would, huh? dailycaller/2014/07/21/floridas-largest-obamacare-insurer-rate-hikes-coming-in-2015/#ixzz38K08W9ID

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