Obamacare Will Increase Individual-Market Insurance Premiums By Men: 99%, Woman: 62%

[Pray To Jesus]

Ouch. Saw it coming a mile away.

Bonus: premiums will increase every year because total health care spending in the United States is expected to reach $4.8 trillion in 2021, up from $2.6 trillion in 2010.

http://www.forbes.com/sites/theapot...nsurance-premiums-by-99-for-men-62-for-women/

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.

We look at rates for 27, 40, and 64 year olds; and rates for men and women. (Under Obamacare, rates for men and women are the same, which has the net effect of disproportionately increasing rates for men, who generally paid less under the old system.) The HHS report offers rates for 27-year-olds; and rates for the average-aged exchange participant, a figure that varies by state, but seems to generally land in the mid-thirties.

So, we conducted two comparisons between pre-ACA data and post-ACA data, as reported by HHS. The first comparison is between the cheapest plan available to 27-year-olds pre- and post-Obamacare. The second is between the cheapeast plan available to the average exchange participant, and to the typical 40-year-old pre-Obamacare. We would have liked to have compared rates for older individuals, but HHS didn’t report that data.

In both the 27-year-old and 40-year-old comparisons, we adjusted the pre-ACA rates to take into account people who would be charged more for insurance, or denied coverage altogether, due to a pre-existing condition, using the same methodology we’ve used in the past.

 

[schneiderguy]

Under Obamacare, rates for men and women are the same, which has the net effect of disproportionately increasing rates for men, who generally paid less under the old system.

Thank you feminism. What would I ever do without you.

 

[compuwiz1]

Jobs or Obamacare? We can't have it both ways. I think we need to take care of our elderly and take care of those who can't provide for themselves. That is the American way. The emphasis of any program should have been directed at that.....not fuck over the average working Joe or Jill, which is exactly what this socialist program will do. I am blown away at the number of people who just don't get it. We have a tax base that could modify programs to meet the needs of seniors, disabled and other truly needy members of society. We are heading into another economic collapse, worse than the last recession and it will fall squarely on the democrats and their continued failed programs.

Good luck with mid terms. It's over for the democrats, once prime time America gets to drink enough of this sewer water. It actually couldn't come at a better time. The grim reaper of 2014 is coming for the lefties. Ever wonder why Obama tried the unconstitutional delays? Even he knows the dems are screwed if this gets implemented on time.

 

[Via]

http://www.manhattan-institute.org/html/roy.htm

Which way does this guy slant?

 

[pcgeek11]

Yep! The Dems are going to be sucking on this rotten egg for a while! I can hardly wait. It is nearly worth it just for the comedy value.

 

[OverVolt]

Thank you feminism. What would I ever do without you.

Mmhmm

 

[fskimospy]

An ultra right wing think tank thinks the ACA is going to be bad?!? Stop the presses!! We better get the Heritage Foundation to check their numbers to see if they hold up.

 

[compuwiz1]

An ultra right wing think tank thinks the ACA is going to be bad?!? Stop the presses!! We better get the Heritage Foundation to check their numbers to see if they hold up.

Nah. Why don't we just see what happens? My prediction is that we are heading into a recession again and it cannot be blamed on what Obama was left by Bush. He's made his own shit sandwich and everyone is about to take a bite. He currently enjoys about the same approval rating as when Bush left office. In one more year, he may have the lowest approval rating of any president in my lifetime. Why would I say that? The guy has no singular focus of rebuilding the economy, in fact, he's doing many counter productive things. He's all over the board, like an add kid.

He only has a little over 3 years to fix it. There are billions of dollars missing and I suspect those missing dollars are what are artificially propping up the stock market, by design, to keep our country's credit rating up. We cannot keep this country working on the float, or by smoke and mirrors for too much longer. The man behind the curtain is going to be exposed before his term is up.

 

[nehalem256]

Sounds to me like Obamacare is discriminatory and should be ruled unconstitutional by liberals own logic.

After all liberals repeatedly say voter id laws are unconstitutional given their disproportionate impact on certain races.

Why is equal protection being denied to men?

 

[nehalem256]

An ultra right wing think tank thinks the ACA is going to be bad?!? Stop the presses!! We better get the Heritage Foundation to check their numbers to see if they hold up.

So are you going to argue that Obamacare doesn't disproportionately negatively affect men?

Note that if you are arguing that you are disagreeing with Obama who proudly made this claim on his campaign website.

 

[fskimospy]

So are you going to argue that Obamacare doesn't disproportionately negatively affect men?

Note that if you are arguing that you are disagreeing with Obama who proudly made this claim on his campaign website.

I have no interest in discussing anything that has to do with gender with you. You're too irrational due to your pathological hatred of women.

 

[nehalem256]

I have no interest in discussing anything that has to do with gender with you. You're too irrational due to your pathological hatred of women.

So thinking that strong independent women are capable of taking care of themselves and don't need men to foot the bill for their health insurance is a "pathological hatred of women"? D:

I mean you don't see me demanding that women subsidize my food costs(which are higher by virtue of being a man) or auto insurance(which are higher by virtue of being a man).

 

[rudder]

Good luck with mid terms. It's over for the democrats, once prime time America gets to drink enough of this sewer water. It actually couldn't come at a better time. The grim reaper of 2014 is coming for the lefties. Ever wonder why Obama tried the unconstitutional delays? Even he knows the dems are screwed if this gets implemented on time.

The democrats will never lose power as long as the debt ceiling keeps getting raised.

 

[Ken g6]

Once again, I'm happy to be in a blue state.

 

[Attic]

Of course premiums generally go up when you force feed a bunch of folks with free money into a market where the free money is locked onto one product.

It's all about the subsidies, when selectively argued it can be said Obamacare lowers cost.

Just don't look behind the curtain for where the money for the subsidies comes from and ask what happens when subsidy money needs to grow in a low growth economy. Doing so takes away the false narrative of the free lunch that Obamacare has been continually sold on.

Given the size of the subsidies being used to paper over high premium costs... It might be important (critical) to thoroughly understand how the subsidies are paid for. This should be concerning given Obama has spent precious little time discussing such a critical aspect of the law. He's being deceitful by picking and choosing what to present, this method by folks in leadership positions leads to bad outcomes for people who are being fooled.

I believe we can have lowered health insurance costs without the con of massive subsidies to achieve an illusion of lowered costs.

 

[Pray To Jesus]

Of course premiums generally go up when you force feed a bunch of folks with free money into a market where the free money is locked onto one product.

I believe we can have lowered health insurance costs without the con of massive subsidies to achieve an illusion of lowered costs.

To come out ahead with regard to Obamacare’s subsidies:

A 40-year-old would have to make less than 57 percent of the median income for his peers.

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.

young and healthy people are essential to Obamacare; unless these individuals are willing to pay more for health insurance to subsidize everyone else, the exchanges will not serve the goal of providing coverage to the uninsured.

basic supply and demand

 

[umbrella39]

Ouch. Saw it coming a mile away.

Indeed we did see your BS coming... all the way from post one to this inanity.. you have yet to disappoint. Time to put this sock puppet on mute.

 

[werepossum]

I don't think this is an entirely honest comparison. Obamacare nukes the cheapest health insurance plans, so the benefits received at the lowest level are not at all comparable.

Kinda like saying that a bill which makes the Yugo illegal has doubled the price of cars. For a very select group, yes; as a general rule, no.

 

[brandonb]

Can I have Obamacare pay for a sex change for me to turn me into a woman to get lower rates?

 

[Atreus21]

You know, one would think democrats would be terrified of this. Young people are a significant democrat voting bloc.

 

[Atreus21]

Can I have Obamacare pay for a sex change for me to turn me into a woman to get lower rates?

Now we're talking.

 

[Rio Rebel]

Nice right wing fap thread.

 

[BoberFett]

Wow, talk about a blast from the past. Rio Rebel pops his head in P&N!

 

[Moonbeam]

Hate is an emotion that makes people sick. We should expect health care costs to rise among Republicans killing themselves with hatred over Obamacare. Relax guys, you're going to make my rates go up. For a long and healthy life try to relax and be happy. One thing I can say for sure is, if laughter extends your life, I'm going to live forever.

 

[TerryMathews]

Cue Eskimospy informing us that no single person has a right to lower rates under Obamacare in 3...2...