STATE OF OHIO WARNS PUBLIC ABOUT INCREASE IN INSURANCE COSTS BECAUSE OF OBAMACARE

Plans Filed with Department of Insurance Show Higher Costs for Ohio Consumers

COLUMBUS — The Ohio Department of Insurance today released details of health insurance plans that insurers have submitted for approval to sell on the coming federal insurance exchange for Ohio. The Department\’s preliminary analysis of the proposed plans for the individual market reveal that insurers expect the cost to cover health care expenses for consumers will significantly increase.