Monday, October 28, 2013
ObamaCare Doubles Premiums for Young Women
Because it’s not really about Sandra Fluke’s birth control. It’s about funding another expansion of the welfare state. It’s a tax hike looped through private companies. It’s wealth redistribution through the back door with a government mandate.
The vast majority of the population will be screwed by ObamaCare. A small number of people with medical problems who have jobs will benefit, but it would have been far easier and cheaper to pay to cover them. This is still about the Government Class and its insatiable welfare lust.
War on Women? The young women targeted for this in ads don’t benefit from it.
Healthy young women will see their premiums rise by an average of almost 200 percent under Obamacare, with increases occurring in all 50 states and the District of Columbia, according to a new study.
Earlier this month, the American Action Forum released an analysis that found the average 30-year-old male nonsmoker would see his premiums rise 260 percent.
Using the same metrics, the organization found that the Affordable Care Act (ACA) would be just as harsh on women trying to purchase bronze level plans, the cheapest insurance available in the marketplace.
Overall, states averaged a 193 percent increase in premiums for 30-year-old female nonsmokers.
For example, a woman earning $31,597.50 would receive a 23 percent subsidy, totaling $653. However, her yearly premium would still be $2,186, compared to the $218.47 penalty she would incur in 2014 for not having insurance.
Welcome to ObamaCare. You’re doing your part to subsidize an unsustainable welfare state.
Posted by John J. Ray (M.A.; Ph.D.).