Obamacare customers enrolled in the most popular health plans will experience an average 10% premium spike in 2015, a new analysis by Avalere Health finds.
The rate hike may come as a surprise to many Obamacare customers whose plans will automatically be renewed if they fail to make changes.
“Many plans that priced attractively last year are playing catch up for 2015,” said Avalere Health CEO Dan Mendelson. “Consumers who care about costs need to shop.”
News of the double-digit rate jump is just the latest bad news for Obamacare. According to Gallup, Obamacare’s approval rating is now at an all-time low of just 37%.
On Thursday, the Obama administration admitted it fudged its oft-cited eight million Obamacare enrollment figure. The real number, it now claims, is just 6.7 million.