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WellPoint softens forecast for Obamacare rate hikes

Kaiser Health News, May 1, 2014
Welcoming a surge of young, last-minute enrollees, the biggest player in the health law's insurance marketplaces on Wednesday tempered its prediction for substantial 2015 rate increases. Five weeks ago WellPoint executive Ken Goulet told analysts that premium increases for 2015 plans "will probably be in double-digit plus." On Wednesday's conference call to discuss first-quarter results, WellPoint bosses talked less about price hikes and more about the surprising number of young adults they signed at the March 31 enrollment deadline for plans sold through the online exchanges.