Nearly 400,000 Michigan residents who pay for their own health insurance are looking at higher premiums, next year. According to the Associated Press, premiums will rise by an average of 16.7 percent. The price spikes are being blamed on higher costs, including the end of a federal re-insurance program that protects insurers from substantial losses from high-cost enrollees. Insurers and government officials say costs can be offset for those who qualify for tax credits.

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