Not your imagination: ObamaCare premiums shot up by double digits for 2016

Not your imagination: ObamaCare premiums shot up by double digits for 2016 « Hot Air:
"This may seem redundant, given all of the attention to huge price spikes in the ObamaCare exchanges in states like Minnesota (between 34-50% for most plans) and Mississippi (over 60%). Even CBS News has begun to wake up to the rapidly escalating costs of insurance in the so-called Affordable Care Act exchanges.
Yet ObamaCare advocates argue that these price explosions are localized and not indicative of the overall direction of premium prices in 2016.
A new study shows that the price hikes are not just localized or anecdotal.
Megan McArdle picks up on an analysis by Avalere that shows an average 13% increase in the cheapest plans for subsidized mandatory coverage.
McArdle writes that this may not be the “death spiral” that critics predicted, but it’s an indication that the assumptions made by ObamaCare’s architects turned out to be dead wrong (via Guy Benson)..."