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Insurance premium hikes from Obamacare will not be as severe as predicted: CBO

By David Morgan WASHINGTON (Reuters) – The average premium for an Obamacare benchmark plan will rise slightly in 2015 and increase about 6 percent a year during the rest of this decade, the nonpartisan Congressional Budget Office (CBO) said on Monday in a report the White House trumpeted as proof…

White House extends grace period for non-Obamacare health plans to 2017

WASHINGTON (Reuters) – The Obama administration said on Wednesday it would allow health insurers to extend plans that fail to comply with its signature healthcare law for an additional two years, giving some consumers the option of keeping their policies into 2017. In a release of comprehensive insurance guidelines for…

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