A sky-high increase in the average premiums for top 2017 Obamacare insurance plan sold on Healthcare.gov has angered national insurers and folks around the country.
Plan premiums rose an average of 25 percent, compared with 2016, the government announced Monday.
According to the Department of Health and Human Services, the average monthly premium for the benchmark plan is now $302, up from $242 in 2016.
The agency says this is because of insurers adjusting premiums to show two years of cost data that became available.
Prominent insurers, like Aetna and UnitedHealth Group, maintain that they're losing money on the exchanges, created by Obama, because patient costs are higher than anticipated and enrollment is lower than forecast.
This will have an effect on consumers in 2017 as five states will have offerings from only one insurance company.