Illinois ObamaCare insurance premiums expected to rise 43 percent

ObamaCare users in Illinois can expect to see their insurance premiums skyrocket by up to 43 percent next year, according to projections released this week by the Center for Medicaid and Medicare Services (CMS).

"It’s the worst of both worlds because we have less choice and we have more cost,” said David Taber, who’s currently paying about $1,500 per month for ObamaCare for himself, his wife and their young child.

Taber said the expected healthcare rate increases are scary but he’s more frustrated that he keeps paying more for less. 

"It is more about having access to the doctors that we want and the hospitals that we want and the treatment that we want and we don't have those choices anymore,” Taber said.

Tony Dreyfuss is the owner of Metropolis Coffee Company in Chicago. He employs about 50 workers. He says small businesses can’t bear to pay another whopping ObamaCare increase.

Whether we choose to raise prices or we make cuts in other areas of the company, one way or the other we'd have to find the money for it,” Dreyfuss said. “We compete against national coffee companies all day long, if we have to raise prices how does that compete against a national coffee company that doesn’t?"

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