Home / Obamacare / ObamaCare Premium Increases: 99% Higher for Men, 62% Higher for Younger Women
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ObamaCare Premium Increases: 99% Higher for Men, 62% Higher for Younger Women

Written by Gary North on October 2, 2013

Here is the government’s promise, according to the Department of Health and Human Services.

Premiums before tax credits will be more than 16 percent lower than projected premiums after tax credits

Tax credits will make premiums even more affordable for individuals and families.

Here is reality, according to Forbes.

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.

How about 40-year-olds? It’s worse.

The cheapest exchange plan for the average enrollee, compared to what a 40-year-old would pay today, will cost an average of 99 percent more for men, and 62 percent for women.

For this cohort, men fared worst in North Carolina, with rate increases of 305 percent. Women got hammered in Nebraska, where rates will increase by a national high of 237 percent. Again, Colorado and New Hampshire fared best, with 17 percent and 5-8 percent declines, respectively.

What about after tax credits? Rates will still be higher than today.

For months, we’ve heard about how Obamacare’s trillions in health care subsidies were going to save America from rate shock. It’s not true. If you shop for coverage on your own, you’re likely to see your rates go up, even after accounting for the impact of pre-existing conditions, even after accounting for the impact of subsidies.

The Obama administration knows this, which is why its 15-page report makes no mention of premiums for insurance available on today’s market. Silence, they say, speaks louder than words. HHS’ silence on the difference between Obamacare’s insurance premiums and those available today tell you everything you need to know. Rates are going higher. And if you’re healthy, or you’re young, the Obama administration expects you to do your duty and pay up.

Continue Reading on www.forbes.com

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27 thoughts on “ObamaCare Premium Increases: 99% Higher for Men, 62% Higher for Younger Women

  1. This is another of how the Gov. shafts the people. The president ? and senate do not care what the people want at all, LOL they are doing it to help us, Yah right, to help themselves is what they mean, how much money are they making on this deal ?

  2. Bob Marshall says:

    Nothing like having a nation full of so many ignorant voters.

  3. In a Marxist society there can never be a middle class. Obamacare is another step re-distributing wealth from that middle class. Remember, their ultimate goal is a society made up of the ruling class and the peasants.

  4. Not possible, Obama said lower payments, Obama said keep same doctor, Obama said. Wake up America, what Obama said were lies, and he used you to get what he, not you want for America.

  5. Larry Grant says:

    …or having people very skilled at getting felons, illegals and dead people to the polls

  6. Apparently some of your sources are incorrect, Gary.

    People who earn far above the poverty level don't get any special tax incentives, so yes, they will be paying more. SHOCKER. Rates are also worse in states that refused Medicaid expansion – most of those are controlled by Republicans, so blame that on your Republican legislators.

  7. But most people need to pay full freight if the insurance pool is to stay solvent.

    Tough to convince the young & healthy who have seen their individual premiums double or triple from 2013 levels to sign up for 2014.

    For older folks like me it can certainly be a bargain – younger folks are forced to subsidize our insurance, even if we don't qualify for tax credits.

  8. I believe that it would be informative for all of those in this country now to read a history book about Italy between World Wars 1 and 2. The political system which failed miserably was Fascist. There are very many nearly identical similarities between that government and "Obamacare" in how it is a totat control of the people with the false appeaarance of citien control.

    Fascism and dictatorships are nearly identical. The difference is that Fascism build a false appearance of democracy.

  9. Mickeymike2 says:

    As a community organizer, Obama made his living by making those who didn't work believe that they had the right to most of the wealth that others created by working and saving. He and his cronies are doing the same thing on a national level . . . and getting away with it. I don't know if he practices lying or if it's a natural gift.

  10. I just want to know where all that magic money is going to come from, you know those subsidy dollars and mysterious tax credits that never balance. I wish I could run a business like our government is run. Every time you run short of money you can shake down the banks or the taxpayers, the closes thing to a money tree there is!

  11. LOL, only Shane would be illogical enough to claim Obamacare raising people's rates is the Republican's fault.

    FYI Shane, when Obamacare does something, good or bad, the credit for that good or bad goes to the guys who pushed and passed Obamacare.

  12. Once you sign up, they have your ss#, tax id#, income info, medical info, family ss#'s, name, location, if you opt out, they will confiscate your tax return until you do pay either way you will pay, like it or not.

  13. Liberals love this why, because they are commies just like the anti-Christ idiot we have in the White-House!!!!!!

  14. All you white women idiots, we want to thank all you over sexed idiots for voting in the worst president in the history of not just America but the whole WORLD! You should have never be given the right to vote! C.U.N.T.S, (Can't Understand Normal Thinking).

  15. Bob Marshall says:

    David, check out the 2008 and 2012 exit polls to see just who did vote for Obama. White women idiots? Obama received 96% of the black vote in 2008 and 94% in 2012.

  16. Well agreed. I cannot remember the last time he was on the radio or TV when he said something honest, sincere or non-political. I have never seen a habitual lying politician like him ever. How can this man sleep at night, look in the mirror or look one of his colleagues in the eye? All his statements are political. The same goes for a President bashing the other party (GOP) or taking responsibility. He is responsible for nothing, but takes credit for everything ….. that is good or positive. Lest we forget that even today most everything wrong is Bush's fault.

    Question on my observation: I truly feel this is the 1st President that is not for or represents 100% of the U.S. citizens, just the 53%. He is out to punish the 47% that he considers as being against him. ANY OPINIONS??????????

  17. well said hornet! touche' all need to be reminded

  18. Huapakechi says:

    Spouting the party line only illustrates your complete indoctrination into the collective. Your use of media matters as a source indicates that you are not intelligent enough to think independently.

  19. Huapakechi says:

    And the irs will raid your bank accounts should you decide to prioritize your finances and put off paying the "fines".

  20. J.L.HILLEY says:

    Dude, they already have all of that info. on hand now.,,, in fact- they are reading this NOW.

  21. J.L.HILLEY says:

    You know David, God /Jesus said that if we do not follow His Word and directives all of this would come upon us,, and all Nations that disregards His word. We as people of faith must get back to the "True" word and FOLLOW it, not what the general populous would have us to do. GOD-HELP-US !!

  22. Or people who are very good liars …

  23. WhiteFalcon says:

    This is all a scheme to grab a lot more of our money and also to ultimately force us all onto a Government single payer health care system where they control all health care and they determine who will die because the Government doesn't want to pay for whatever it will take to treat your health care problem. Sarah Palin told us about this a few years ago and the commieonazicrats all smeared her as badly as they could. What she said then is all turning out to be true and she is looking more like a very intelligent person, far more so than commieonazicrats.

  24. this is why in latin American countries, politicians are referred to as cockroaches. A cockroach really doesn't eat very much. He setals very little when he nibbles out of a bag of flour, but he usually ends up falling into it and spoiling the entire bag of flour. Looks like the cockroach nibbling at the health care industry fell into it.

  25. Yeah, if yuou are an old orthodox Christian or a Jew, or have donated to the Tea Party in the last ten years, or ever posted negative remarks on a website like this, you will be told that your stage I cancer will not be treated because there is a Democrat from the Nation of Islam who has a stage III tumor who needs treatment more than you do. As consolation, Obama will send you a letter reassring uyo that all the taxes you have paid will ensure that you receive your Social SEcurity $200 death benefit, "exactly as you were promised."

  26. Well said indeed. Marx could not stand the Have-Some, Get-More types. Unfortunately we have too many here today that are too blind and ignorant to see the forest for the trees.

  27. Narcissism: In the category of Sociopath. Very dangerous to make them angry. Mentally very sick. Not a joke. Serious. Ref:
    Independents like myself have watched as both parties have taken us down for their own agendas:
    Bush, Clinton, Bush, Obama. All Progressives. All unAmerican. All 'purchased and promoted' by the
    unseen monied elite! Time to fight… effectively or not at all.