Obamacare taxes add BILLIONS to rising premiums

◼ On top of rising premiums, Obamacare taxes are adding hundreds of dollars per year onto customers’ costs, according to new study from the American Action Forum. - Sarah Hurtubise/Daily Caller

...Exchange plans cost significantly more than those from private insurers because they’re subject to the health exchange user fee, a 3.5 percent tax placed on all premiums in the federally run Obamacare exchnage. The idea is for exchanges to eventually become self-sustaining by having exchange customers pay the administrative costs themselves.

In state-run exchanges, the tax varies But customers in states with unexpectedly low enrollment will likely face tax increases soon. Many exchanges, including California, Hawaii and Minnesota, are already worried about how they’ll raise enough funding from existing rates.

While enrollment has risen in the past several months, customers in individual states with low numbers of sign-ups may see their insurance premiums rise anyway. Hawaii’s exchange, notorious for already incurring the highest cost to insure each sign-up, has even considered taxing non-exchange insurers to pay for their Obamacare marketplace.