OBAMASCARE: Huge premium hikes rock employer-insured workers
Sharon Wilson, in Iowa, figured she would lock in a good deal on health care coverage for her five-person biofuels company by renewing its policy before Obamacare kicked in for 2014. But she balked when her agent came back with a 81 percent rate hike, anyway.
Her company, Prairie City-based Midwest Renewable Biofuels, had experienced rate hikes during her career, Ms. Wilson said, but not like this. Plus, the previous jumps were accompanied by explanations for why premiums were rising.
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