Wednesday, September 25, 2013

Obamacare Will Increase Avg. Individual-Market Insurance Premiums By 99% For Men, 62% For Women - Forbes

Double Down: Obamacare Will Increase Avg. Individual-Market Insurance Premiums By 99% For Men, 62% For Women - Forbes 

For months now, we’ve been waiting to hear how much Obamacare will drive up the cost of health insurance for people who purchase coverage on their own. Last night, the U.S. Department of Health and Human Services finally began to provide some data on how Americans will fare on Obamacare’s federally-sponsored insurance exchanges. HHS’ press release is full of happy talk about how premiums will be “lower than originally expected.” But the reality is starkly different. ...

Interactive Map: In 13 States Plus D.C., Obamacare Will Increase Health Premiums By 24%, On AverageWSJ: Health Insurance Rates Could 'Double Or Even Triple' For Healthy Consumers In Obamacare's ExchangesEzra Klein And Avik Roy Go Mano-A-Mano On Obamacare, Rate Shock, And The GOP Agenda (Video & Transcript)The New York Times Tries -- And Fails -- To Protect Obamacare From Health Insurance 'Rate Shock'Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97 to 99 percent, and for younger women by an average of 55 to 62 percent. Worst off is North Carolina, which will see individual-market rates triple for women, and quadruple for men. ...

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