Posted on 10/28/2014 7:57:43 PM PDT by jazusamo
Covering pre-existing conditions and ‘essential benefits’ raising insurance plan costs
The Affordable Care Act was supposed to make health care more affordable, but a newly released study of insurance policies before and after Obamacare shows that average premiums have skyrocketed, for some groups by as much as 78 percent.
Average insurance premiums in the sought-after 23-year-old demographic rose most dramatically, with men in that age group seeing an average 78.2 percent price increase before factoring in government subsidies, and women having their premiums rise 44.9 percent, according to a report by HealthPocket scheduled for release Wednesday.
The study, which was shared Tuesday with The Washington Times, examined average health insurance premiums before the implementation of Obamacare in 2013 and then afterward in 2014. The research focused on people of three ages — 23, 30 and 63 — using data for nonsmoking men and women with no spouses or children.
The premium increases for 30-year-olds were almost as high as for 23-year-olds — 73.4 percent for men and 35.1 percent for women — said the study, titled “Without Subsidies Women & Men, Old & Young Average Higher Monthly Premiums with Obamacare.”
“It’s very eye-opening in terms of the transformation occurring within the individual health insurance market,” said Kev Coleman, head of research and data at HealthPocket, a nonpartisan, independently managed subsidiary of Health Insurance Innovations in Sunnyvale, California.
(Excerpt) Read more at washingtontimes.com ...
We can only hope that this will lead to the ‘rats demise next Tuesday.
That should save me about $2500 per year!
Barry put about as much thought into ramming through Obamacare as he did in implementing his “cash for clunkers” program. Hopefully after next weeks elections Barry will be a complete lame duck for the remainder of his term and can devote his full attention to golf and fundraiser’s at the homes of B-list celebrities.
policies before and after Obamacare shows that average premiums have skyrocketed, for some groups by as much as 78 percent.
PERIOD
No, not "period".
Guaranteed issue (guaranteed coverage for AIDS and Ebola patients) can cause an increase of 150-200%.
(See: Maine insurance premiums.)
Whew! My healthcare premium went up only 33% from 2013 to 2014.
Crossing my fingers and toes it will be less than that increase for 2015. When I will see the letter arrive, my hands will be trembling.
We’re not supposed to know about this until November 5th.
Maybe the insurance companies need some popular support getting zerocare repealed.
Of course, the Democrats always point out that this is PRE-government subsidies.
Of course, common sense says that means this is the LARGEST WEALTH REDISTRIBUTION PROGRAM EVER CREATED!
This is SOCIALISM! PERIOD!
If you like your skyrocketing Obamacare premiums, you can keep your skyrocketing Obamacare premiums.
much as 78 percent????
I already heard on the Hugh Hewitt show today that is it over 100%
Wait till the year after and the year after that etc. etc.
we will see how those twenty-something men like paying for mammograms, Pap smears, and new-natal care.
Hey man,
Gots to pay for all the takers health plans too ya know,
Can’t expect the leach class to pay their own way.
And the important thing is, if you like your plan and doctor, you can keep them, period. Oh wait..
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