Insurers raise California health care rates; state officials doth protest « Hot Air: "State officials are also getting upset that health insurers are “charging people more this year to recoup fees related to the federal healthcare law that don’t take effect until next year” — but what was it that they were expecting, exactly? Legislators and regulators can talk themselves blue in the face about what they think the appropriate prices should be, but that’s just not how it works; insurance companies calculate their risks and set their prices from there, and ObamaCare requires them to take on a heck of a lot more risk."
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