Med. Insurance Request Hike up to 41% in Colorado

http://gazette.com/medical-insurance-companies-request-hikes-up-to-41-percent-in-colorado/article/1577700

Double-digit rate increases and shrinking options are ahead for Coloradans buying their own health insurance.
Prices may climb significantly in 2017 - some as high as 35 or 41 percent - across the state's individual market, the Colorado Division of Insurance announced Monday.
Further, about 92,000 people must find new plans next year after their carriers opted to leave the market.
The turbulence mimics a "market correction" seen elsewhere in the nation among health insurance companies, which have had trouble navigating the post-Affordable Care Act marketplace, said Marguerite Salazar, Colorado's insurance commissioner.