Gianforte Responds To Obamacare Premium Hikes: "Nothing About This Is Affordable"

Press Release

Bozeman businessman and tech entrepreneur Greg Gianforte responded today to the news that Montanans are facing steep price increases for health insurance on the Obamacare exchange

GIANFORTE: It's called the Affordable Care Act, but nothing about this law is affordable. Despite the promises of the Obama Administration, Montanans continue to see double digit rate hikes year after year. Unfortunately, we have an administration in Helena that has simply gone along with Obamacare every step of the way. It's time we find real solutions to lower healthcare costs and preserve access.

On Friday, the Montana Commissioner of Insurance and Securities released the new rate requests from the 3 insurers selling policies on Montana's Obamacare exchange. Blue Cross Blue Shield is requesting an average 62 percent increase on individual plans, Montana Health Co-op is requesting a 22 percent increase, and PacificSource is requesting a 20 percent increase. Last year, Blue Cross Blue Shield reported losing $45 million on Montana's exchange.

Gianforte is the founder of RightNow Technologies. He started the company out of his house in Bozeman, and created over 500 jobs in Montana. The average Montana salary at RightNow was nearly $90,000 a year. Oracle purchased RightNow in 2012, and continues to expand the company's footprint in Montana.

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