Author Topic: ObamaCare to increase state premiums on average by 41%  (Read 511 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • America defending Veteran
  • TBR Contributor
  • Hero Member
  • *****
  • Posts: 72,946
  • “It’s easier to fool people than to convince them
ObamaCare to increase state premiums on average by 41%
« on: November 05, 2013, 08:26:42 AM »
ObamaCare to Increase State Premiums on Average by 41 Percent

Posted By Daniel Greenfield On November 4, 2013 @ 10:23 pm In The Point | No Comments


If you like your affordable health plan, you can’t keep it. Because you’re on the hook for everyone who isn’t paying their fair share.


In the average state, Obamacare will increase underlying premiums by 41 percent. As we have long expected, the steepest hikes will be imposed on the healthy, the young, and the male.

Notice how Obama and his media cronies kept talking about rate drops in New York. You can see why. It’s one of the few positive examples.




This nearly-complete analysis finds that the average state will face underlying premium increases of 41 percent. Men will face the steepest increases: 77, 37, and 47 percent for 27-year-olds, 40-year-olds, and 64-year-olds, respectively. Women will also face increases, but to a lesser degree: 18%, 28%, and 37% for 27-, 40-, and 64-year-olds.

Eight states will enjoy average premium reductions under Obamacare: New York (-40%), Colorado (-22%), Ohio (-21%), Massachusetts (-20%), New Jersey (-19%), New Hampshire (-18%), Rhode Island (-10%), and Indiana (-3%)

The eight states that will face the biggest increases in underlying premiums are largely southern and western states: Nevada (+179%), New Mexico (+142%), Arkansas (+138%), North Carolina (+136%), Vermont (+117%), Georgia (+92%), South Dakota (+77%), and Nebraska (+74%).

Notice how the losers lose more than the winners gain. As usual the welfare benefits don’t come close to equaling the losses to those paying for it. And that’s the secret little story of the welfare state. The gap between the gains and the losses. There isn’t an evening out, but a cynical subsidy.

--------------------------------------------------------------------------------

Article printed from FrontPage Magazine: http://frontpagemag.com

URL to article: http://frontpagemag.com/2013/dgreenfield/obamacare-to-increase-state-premiums-on-average-by-41-percent/

"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
George Washington

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
Benjamin Franklin


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf