Obamacare, ain’t it swell?
The federal health care law could nearly triple premiums for some young and healthy men, according to a forthcoming survey of insurers that singles out a group that might become a major public opinion battleground in the Obamacare wars.
The survey, fielded by the conservative American Action Forum and made available to POLITICO, found that if the law’s insurance rules were in force, the premium for a relatively bare-bones policy for a 27-year-old male nonsmoker on the individual market would be nearly 190 percent higher.
That isn’t the sticker price many of these individuals would pay, thanks to subsidies offered with the law. But the young men with higher incomes wouldn’t get subsidies, and the warning of a premium price shock for them might become a key exhibit in opponents’ argument that Obamacare won’t save Americans money over the long haul but would rather cost them.
The forecasts in the study are higher than most so far by allies and foes of the Affordable Care Act. But it is likely that some in the group will face increases. That’s because the same new insurance market rules that will make coverage more affordable for older and sicker people will make insurance for young and healthier people more expensive. (Read More)
Hey kids, you get what you vote for.