Final answer:
If the premiums for a policy will be increased by more than 15 percent, the insured must be given at least 45 days' prior notice of the increase.
Step-by-step explanation:
If the premiums for a policy will be increased by more than 15 percent, the insured must be given at least 45 days' prior notice of the increase. This is a requirement under the Affordable Care Act, also known as Obamacare. The purpose of this notification period is to allow the insured time to evaluate their options and make informed decisions about their coverage.