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

Discussion in 'News & Current Events' started by Revmitchell, Sep 25, 2013.

  1. Revmitchell

    Revmitchell Well-Known Member
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    ...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.

    HHS releases a trickle of data and a load of spin

    Earlier this month, I and two colleagues from the Manhattan Institute—Yevgeniy Feyman and Paul Howard—published an interactive map that detailed Obamacare’s impact on individually-purchased health insurance premiums in 13 states plus D.C. As the accompanying article described, Obamacare increased premiums in those states by an average of 24 percent.

    But those states were largely blue states that had set up their own, state-based insurance exchanges. The big data dump that we’ve been waiting for, since then, is from the majority of states that didn’t set up their own state-based exchange. That data is the responsibility of the Obama administration, namely HHS. Finally, with less than a week to go before the exchanges are supposed to go on-line, HHS has released a slim, 15-page report and a press release that summarize some of the premium data.

    http://www.forbes.com/sites/theapot...nsurance-premiums-by-99-for-men-62-for-women/
     
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