RATE SHOCK: 2015 Obamacare Premiums Are 6-9% Higher

Comment: Thanks to Obamacare, people who actually pay for their insurance are paying a lot more.  Obamacare’s proponents said they were going to ‘bend the cost-curve’.  They forgot to mention they’re bending it up.

(Suggested double-think slogan: “Here are the costs savings we promised you!”) (You’re welcome, HHS, no charge.)

(P.S. – Don’t be fooled by the fact that the story below is about off-exchange insurance. All non-temporary health insurance policies sold in America must conform to the litany of reqauirements specified in Obamacare, regardless of where sold. The premium increases described below are directly attributable to Obamacare.)

“According to a report released today by eHealth, Inc. (NASDAQ: EHTH), which operates eHealth.com, the nation’s first and largest private online health insurance exchange, consumers shopping through eHealth’s non-governmental marketplace during the 2015 open enrollment period chose plans with monthly premiums averaging $286 for individual coverage and $727 for family coverage. This represents an increase in average premiums of 6% for individual plans and 9% for family plans compared to the 2014 open enrollment period.”

How Much Does Health Insurance Cost Without a Subsidy? eHealth Price Index Report Shows What Off-Exchange Consumers Paid During the 2015 Obamacare Enrollment Period
CNN, March 25, 2015: 08:00 AM ET

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