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  • Obamacare Turns One, And This Baby Has Sent Premiums Soaring

    10.29.2014 | News | |

    One year after it’s largest mandates have taken affect, the Affordable Care Act has sent the average health insurance premium skyrocketing.

    A bombshell study reveals that post-Obamacare insurance policies have shot up as much 78 percent.

    The Washington Times has a straightforward breakdown of the numbers:

    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 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.”

    The price increases for 63-year-olds were less dramatic: a 37.5 percent increase on average for women and 22.7 percent for men.

    The report’s findings are a direct contradiction to Barack Obama’s oft-repeated campaign promise that Obamacare “will cover every American and cut the cost of a typical family’s premium by up to $2,500 a year.”

    Add this depressing, but not surprising, news to the fact that the Obama administration is hiding next year’s healthcare insurance rates until after the election and it’s no wonder that an overwhelming majority of Americans are now opposed to Obama’s policies.

    According to a Real Clear Politics average of all polls, a whopping 51 percent of Americans say they oppose Obamacare. A mere 38 percent still favor the healthcare law.


    Jerome Hudson

    Managing Editor

    Jerome Hudson has written for numerous national outlets, including The Hill, National Review, and The Atlanta Journal-Constitution and was recognized as one of Florida’s emerging stars, having been included in the list “25 Under 30: Florida’s Rising Young Political Class.” Hudson is a Savannah, Ga. native who currently resides in Florida.

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