Posted on 10/19/2013 6:19:11 PM PDT by 2ndDivisionVet
Young people in 45 states will see their health insurance premiums increase under Obamacare because the law relies on the money they pay into the system to offset the cost of caring for older enrollees, according to a new study.
Virginia leads the pack, as individuals aged 27 and under will see their health insurance premiums jump by 252.5 percent -- $416.55 -- according to the Heritage Foundation's Center for Data Analysis.
Virginians under the age of 50 will see their premiums jump by an even greater percentage, rising from $228 to $991.03.
Such increases are not a surprise to the law's architects. “I have always said when looking at this bill, that if I were a young person, I can see elements of this bill that I wouldn't like in the short run,” Henry Aaron, vice chairman of the D.C. health exchange, told the Washington Examiner last November.
Heritage expects monthly premiums for young people to drop in Colorado, Ohio, New York, Rhode Island, and New Jersey, "because those states had already over-regulated insurance markets that led to sharply higher premiums through adverse selection," according to study author Drew Gonshorowski....
(Excerpt) Read more at washingtonexaminer.com ...
There was an insurance guy on a show the other night (don’t remember which one) who said what he is seeing is 1 out of 10 people see premiums drop. The other 9....increased premiums.
Yep!
What are the changes to Deductibles and Co-pays?
Me thinks that Chart in and of itself is a bit misleading.
Dunno but it would seem to make sense. The Democrats’ first priority is to keep their constituents well sopped. Because worldly bribes are all they have to offer. As far as true godly good is concerned, they bat a zero.
Thanks for the link. That site looks hilarious.
I definitely am not believing those CO numbers.
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