Texas gets ObamaCanned

CNBC: A major Texas health insurer is feeling "blue" from some steep losses and now wants sharply higher prices for Obamacare plans next year. Blue Cross Blue Shield of Texas last year took up to a $400 million loss on its individual, Obamacare-compliant plans, according to filings disclosed earlier this week by the federal government. (Tweet this)
The loss stems from the difference between the $2.1 billion or so that BCBS took in from customers' premiums, and the $2.5 billion it paid out in health claims from those people.
BCBS cited that loss, which represents a 20 percent loss of premium on the insurers' Affordable Care Act-related plans, in requesting an average rate hike of 19.97 percent for individual plans next year, including those sold on the federal Obamacare exchange HealthCare.gov.
That increase would come on top of the 9.09 percent premium increase BCBS got approved for its plans in 2015.

Why Texas? They had fewer health care regulations to begin with, so the prevent increase is from a lower base.  What will the second largest state in the union do? Make sure a Republican gets elected POTUS.  Remember Texas is the boom state, growing at 4% plus since the crash.  California will never do better than average, California defines average.  So, from the point of view of a Texan, billions spent defeating Hillary is money well spent. The Northeast corridor  grew at about 1.6% over the cycle, they has less money.  Illinois is in cliff dive and New York has begun its spiral.