Obamacare Increased 2014 Individual-Market Premiums By Average Of 49%

quote:

---

3,137-County Analysis: Obamacare Increased 2014 Individual-Market Premiums By Average Of 49%

.... Our new county-by-county analysis was led by Yegeniy Feyman, who compiled the county-based data for 27-year-olds, 40-year-olds, and 64-year-olds, segregated by gender. We were able to obtain data for 3,137 of the United States’ 3,144 counties.

Buchanan County, Mo. sees 271% rate hike for men

Among men, the county with the greatest increase in insurance prices from 2013 to 2014 was Buchanan County, Missouri, about 45 miles north of Kansas City: 271 percent. Among women, the “winner” was Goodhue County, Minnesota, about an hour southwest of Minneapolis: 200 percent. Overall, the counties of Nevada, North Carolina, Minnesota, and Arkansas haven experienced the largest rate hikes under the law.

The best-faring county for both men and women was St. Lawrence County in northern New York, with premium decreases of 70 percent in 2014 relative to 2013. The New York City metropolitan area—the five boroughs, Long Island, and Westchester County—are the clear winners under Obamacare, with decreases in the 63 to 64 percent range.
.............

Women face rate hikes in 82% of U.S. counties; men 91%

Across the country, for men overall, individual-market premiums went up in 91 percent of all counties: 2,844 out of 3,137. For 27-year-old men, the average county faced 91 percent increases; for 40-year-old men, 60 percent; for 64-year-old men, 32 percent.


Women fared slightly better; their premiums “only” went up in 82 percent of all counties: 2,562 out of 3,137. That’s because Obamacare bars insurers from charging different rates to men and women; prior to Obamacare, only 11 states did so. Because women tend to consume more health care than men, the end result of the Obamacare regulation is that men fare somewhat worse.
.............

If the polls are any guide, however, most voters haven’t benefited from the law. Remember that President Obama often promised that his plan would “lower premiums by up to $2,500 for a typical family per year…by the end of my first term as President of the United States.” It’s an understatement to say that this has not happened.

LINK

---