Rising Cost Of Health Care: Obamacare Insurance Premiums To Increase As State Exchanges Face Losses, Even Closure

As the cost of health insurance continues to rise, the fallout from such increases is becoming ever more evident in state-run exchanges established by the Affordable Care Act. Some states have announced insurance rate hikes for the coming year, while others have said they will shut down all or part of their exchanges as insurers contend with higher costs and lower enrollment than originally anticipated.

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