A few weeks ago supporters of the Patient Protection and Affordable Care Act were touting the good news that premiums for plans on California's state-created insurance market would only increase 4 percent next year.
Things aren't looking quite so good in Florida, where insurance officials recently announced that premiums for plans on the state's federally-run exchange will increase by 9.2 percent. The Sunshine State boasts an exchange enrollment of 1.6 million — the highest in the nation.
Florida's premium increase far outpaces general economic growth, but is still lower than the 13.2 percent increase its enrollees saw for 2015 and it is far lower than some of the dramatic hikes that insurers in other markets have threatened in recent months. In North Carolina, for instance, Blue Cross Blue Shield recently announced it would raise premiums by a whopping 35 percent.
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