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Premiums for young healthy people will jump in 45 states under Obamacare
The Washington Examiner ^ | October 19, 2013 | Joel Gehrke

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 ...


TOPICS: Business/Economy; Culture/Society; Extended News; Government
KEYWORDS: aca; exchanges; obama; obamacare; obamacareanecdote; obamacarechart; obamacarepremiums; obamacarerollout; socializedmedicine; youngadults
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To: 2ndDivisionVet
the law relies on the money they pay into the system to offset the cost of caring for older enrollees

From each according to his abilities, to each according to his needs.

21 posted on 10/19/2013 7:25:09 PM PDT by ElkGroveDan (My tagline is in the shop.)
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To: 2ndDivisionVet
The important thing is that those 5 states got a good deal..
The other 45 don't count.
22 posted on 10/19/2013 7:52:12 PM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position)
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To: 2ndDivisionVet

My 22 year old daughter was paying $114 a month with a $2800 deductible. Meds were at no cost.

She just learned that by keeping her payment the same she will have a $4000 deductible and meds are not covered.

She is pretty pissed.

Oh, just for the record she thinks 0bama is a crook and thinks Cruz rocks.


23 posted on 10/19/2013 8:00:18 PM PDT by Gamecock (Many Atheists take the stand: "There is no God AND I hate Him.")
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To: MtnClimber

They will be told it’s the fault of greedy insurance companies that “their president” is trying to reign in. And they will still believe!


24 posted on 10/19/2013 8:03:33 PM PDT by Theodore R. (The grand pooh-bahs have spoken: "It's Jebbie's turn!" to LOSE!)
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To: FlingWingFlyer

Yes, but their intellect is too underdeveloped to understand what is happening.


25 posted on 10/19/2013 8:04:34 PM PDT by Theodore R. (The grand pooh-bahs have spoken: "It's Jebbie's turn!" to LOSE!)
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To: USNBandit

VA people think high taxes are the price of “good government”.


26 posted on 10/19/2013 8:05:22 PM PDT by Theodore R. (The grand pooh-bahs have spoken: "It's Jebbie's turn!" to LOSE!)
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To: rawhide

The young people are too undereducated to figure out much of anything.


27 posted on 10/19/2013 8:05:57 PM PDT by Theodore R. (The grand pooh-bahs have spoken: "It's Jebbie's turn!" to LOSE!)
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To: driftdiver

It is humorous to see young communists find out about communism, but they were too blind to see what is happening.


28 posted on 10/19/2013 8:06:57 PM PDT by Theodore R. (The grand pooh-bahs have spoken: "It's Jebbie's turn!" to LOSE!)
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To: TheZMan

You’d be surprised how many of the American truly think the administration is looking after people “like me.”


29 posted on 10/19/2013 8:08:15 PM PDT by Theodore R. (The grand pooh-bahs have spoken: "It's Jebbie's turn!" to LOSE!)
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To: 2ndDivisionVet

Good. Let them get a piece of the action. They wanted a Black president. Let them enjoy him. The only fly in the ointment is that he is not Black.


30 posted on 10/19/2013 8:09:30 PM PDT by sport
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To: sport

He’s not even as black as George Zimmerman, of all people.


31 posted on 10/19/2013 8:13:18 PM PDT by 2ndDivisionVet (Obama's favorite game is Pin the Fail on the Honkey!)
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To: 2ndDivisionVet

Obama Care will have most Americans deciding between buying health-care and food.


32 posted on 10/19/2013 8:58:12 PM PDT by Cruz_West_Paul2016
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To: rawhide

“...turn the young people against the old folks...”

That’s the idea.

Keep us segmented and fighting with one another.

No one notices that the 1%’ers are vampires, sucking the life out of the nation.


33 posted on 10/19/2013 9:13:56 PM PDT by warchild9
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To: 2ndDivisionVet
individuals aged 27 and under will see their health insurance premiums jump by 252.5 percent -- $416.55 -

My 52 year old single daughter was notified last week by her insurance agency that her medical insurance premium will increase by $100 per month in December. That's on top of the $50 increase that she was hit with a couple of months ago, but I haven't found any information on the web as to whether or not that $50 increase was due to Obamacare.

And to make the Obamacare disaster even worse, I fully expect many more increases as Obamacare goes into full swing. I also expect that medical insurance will become more expensive every following year until Obamacare crashes and burns as planned. Then it will be replaced by all-out socialized medicine, and I believe that's the ultimate outcome that Obama's gang of radical leftists planned for all along. After that happens I wonder where wealthy Canadians and Europeans will go for their serious medical procedures, Saudi Arabia? Israel? Dubai perhaps? One thing I'm pretty sure of, they won't come here because our fully socialized health care system will be even more overloaded and understaffed than theirs.

34 posted on 10/19/2013 9:35:59 PM PDT by epow
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To: HiTech RedNeck

Is it my imagination that the states that voted for him have lower to none increases!


35 posted on 10/20/2013 7:49:34 AM PDT by Die_Hard Conservative Lady (When all the working class leave California what will be left?)
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To: Jack Hydrazine

You do realize that nationalreport.com is a satire site, right?


36 posted on 10/20/2013 8:18:27 AM PDT by Bob
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To: 2ndDivisionVet
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.

"I don't see the problem. Obama said that people would save $2500/year, and that you could keep your own doctor.

And yes, I would love to sign up for Obamacare if I could."

--Jay Carney

37 posted on 10/20/2013 8:21:08 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Die_Hard Conservative Lady

The states that have the lowest increases are liberal cesspits whose insurance rates had already been pushed up by government at the stste level. They were pre-screwed so Obamacare increases are just more of the same.


38 posted on 10/20/2013 8:25:42 AM PDT by Bob
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To: R_Kangel
Good points all.

The Republicans' inability to formulate a simple message is breathtaking. This is a slam-dunk, using a 10 ft. ladder.

39 posted on 10/20/2013 8:28:21 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Die_Hard Conservative Lady
Is it my imagination that the states that voted for him have lower to none increases!

And guess what? The entire state of Nevada, Gollum's state, is EXEMPT.

40 posted on 10/20/2013 8:32:50 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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