Health Insurance Premiums Up 56% Under ObamaCare
Photo Credit: Thinkstock ImageBy Paul Bedard.
Americans buying health insurance outside the new Obamacare exchanges are being forced to swallow premiums up to 56 percent higher than before the health law took effect because insurers have jumped the cost to cover all the added features of the new Affordable Care Act.
According to a cost report from eHealthInsurance, a nationwide online private insurance exchange, families are paying an average of $663 a month and singles $274 a month, far more than before Obamacare kicked in. What’s more, to save money, most buyers are choosing the lowest level of coverage, the so-called “bronze” plans.
The firm provided the costs to Secrets through their new online price index, which gives the averages of what people are paying for insurance sold through their system. In California, for example, some families are paying a high of $2,604 a month and in New York, $1,845.
The shocking surge in prices show what Americans not in Obamacare or covered by their employer are paying as they seek lower premiums. Typically, they are not eligible for the subsidies Obamacare offers those with low incomes.
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Photo Credit: National Review One-Third of Uninsured Don’t Plan to Buy Obamacare – Regardless of the ‘Deadline
By Kyle Becker.
Despite any “hardship” that the uninsured might have, they have no plans to buy into Obamacare, regardless of the deadline.While the White House denies that it is delaying the individual mandate, the ambiguity being created by the constant delays and illegal changes to the law certainly is signaling to prospective enrolles that there’s no rush to get insured.
Even if it is 2014, and the March 31st deadline is fast approaching. As Fox News reported:
Two weeks out from the ObamaCare enrollment deadline, a new survey shows about one-third of uninsured American have no plans to buy insurance — despite the law’s requirement to do so. And despite the administration’s aggressive campaign to spread the word about the health care law, the same survey shows a startling percentage of people still don’t know about the Affordable Care Act’s basic provisions.
Read more from this story HERE.
