Two insurance companies, that are part of Milwaukee based Assurant Health, have notified that Idaho Department of Insurance, that they will jack up rates by more than 10% in 2012.

Those two operations are John Alden Life Insurance and Time Insurance.  They’ve both filed rate increases of 13%!

This is part of the 2010 health care reforms, commonly known as ObamaCare.  Under the reforms an insurance plan that went into effect after September 1, can be subject to such rate increases.

The 2010 reforms actually allow insurance companies to jack up their rates as long as they can make a convincing case.  Some of the many accepted excuses are age and if you smoke.  Now how is that supposed to keep costs to consumers down?

To find out if your insurance plan (if you even have one) is jacking up your rates you can check companyprofiles.healthcare.gov.