Sticker Shock: Obamacare Increases Premiums in 42 States

"And at the current rate it would take nearly 50 years to sign up the 30 million projected to be enrolled within the next five."

 

PJ Media   "Heritage Foundation analyst Drew Gonshorowski’s research showed that for most states premiums are higher compared to what was previously available before the rollout of the exchanges. For example, in the state of Oklahoma premiums increased by 60 percent for 27 year olds. Meanwhile, premiums have gone up by 175 percent for similarly aged Americans living in Arkansas. In the state of Texas, increases are even greater as premiums doubled for 27 year olds.

"Gonshorowski’s analysis shows the hardest hit by the rate increases will be young adults. The ACA increases premiums for young people in at least 11 states by more than 100 percent. Many states double or nearly triple premiums for young adults. Arizona, Arkansas, Georgia, Kansas, and Vermont see some of the largest increases in premiums in the nation.
“A state that exhibits this clearly is Vermont, where the increase for 27 year olds is 144 percent and the increase for 50 year olds is still 60 percent, but far less,” he writes. “All states exhibit this relationship.' ”