On the other hand, older people fare better; the average 64-year-old who
makes less than 111 percent of the median income for 64-year-olds will spend
less on premiums than he did before.

 

Chris 

 

 

From: [email protected]
[mailto:[email protected]] On Behalf Of Dr. Ernest Prabhakar
Sent: Wednesday, September 25, 2013 11:00 AM
To: Centroids Discussions
Subject: [RC] Double Down: Obamacare Will Increase Avg. Individual-Market
Insurance Premiums By 99% For Men, 62% For Women - Forbes

 

Forbes isn't what it used to be (if it ever was :-), but this sounds pretty
credible. Then a


http://www.forbes.com/sites/theapothecary/2013/09/25/double-down-obamacare-w
ill-increase-avg-individual-market-insurance-premiums-by-99-for-men-62-for-w
omen/
<http://www.forbes.com/sites/theapothecary/2013/09/25/double-down-obamacare-
will-increase-avg-individual-market-insurance-premiums-by-99-for-men-62-for-
women/?utm_campaign=website&utm_source=sendgrid.com&utm_medium=email> 







Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will
increase underlying insurance rates for younger men by an average of 97 to
99 percent, and for younger women by an average of 55 to 62 percent. Worst
off is North Carolina, which will see individual-market rates triple for
women, and quadruple for men.

 

HHS releases a trickle of data and a load of spin

 

Earlier this month, I and two colleagues from the Manhattan
Institute-Yevgeniy Feyman and Paul Howard-published an interactive map that
detailed Obamacare's impact on individually-purchased health insurance
premiums in 13 states plus D.C. As the accompanying article described,
Obamacare increased premiums in those states by an average of 24 percent.

 

But those states were largely blue states that had set up their own,
state-based insurance exchanges. The big data dump that we've been waiting
for, since then, is from the majority of states that didn't set up their own
state-based exchange. That data is the responsibility of the Obama
administration, namely HHS. Finally, with less than a week to go before the
exchanges are supposed to go on-line, HHS has released a slim, 15-page
report and a press release that summarize some of the premium data.

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