Younger Americans and families will pay higher health insurance premiums, some as much as 171 percent more, under Obamacare in nearly 90 percent of the country once they can finally log into the system’s broken computer network, according to the first full review of what state and federal health care “exchanges” are charging.
The study based on state and federal Obamacare pricing data finds that younger Americans who are supposed to be the bulk of those in the system will see the largest percentage increases in premiums, according to Drew Gonshorowski of the Heritage Foundation, which has closely charted the development of the Affordable Care Act.
“Many individuals will experience sticker shock when shopping on the exchanges,” said the data analyst.
His study broke down the monthly costs of buying insurance in and outside of Obamacare. He included the 47 states and the District of Columbia for which the best information is known and released.
He found that in only five states — Colorado, New Jersey, New York, Rhode Island and Ohio — will the costs go down. In Colorado, the decrease is big, some 30 percent for younger Americans.
But the increases in other states are substantial. A younger applicant in Arkansas, for example, can expect to pay 171 percent more, or a jump from $104 a month to $285. In Kansas, an adult age 50 who currently pays $198 a month will see an increase to $341, a 72 percent jump. And a family of four in Indiana that currently pays $712 a month will pay $894.
See the state by state costs here.
Paul Bedard, The Washington Examiner's "Washington Secrets" columnist, can be contacted at firstname.lastname@example.org.