ObamaCare Double Whammy for the Young and Uninsured

This is courtesy of Avik Roy:

Actuaries report: 80 percent of Americans below the age of thirty in the individual market will face higher premiums under ObamaCare, despite subsidies.

Why that is important: about two-thirds of the uninsured population is under the age of 40.

The bait and switch: President Obama repeatedly promised that his bill would “bring down premiums by $2,500 for the typical family.”

Comments (5)

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  1. Buster says:

    Wow! I assumed the people who would take a beating from ObamaCare were young children, who would be expected to pay for all these give-a-ways in higher taxes when they grow up. Apparently, there’s no free lunch for their parents either.

  2. Chelsea says:

    This is just disastrous. And to think that Obama was re-elected by 60 percent of young voters during last year’s elections. Broken promises is all they are..

  3. Andrew O says:

    Interesting. I wonder what the contention will be like in one or two years if this pans out accordingly to the study’s findings.

  4. Life of Pi says:

    Great another cost I have to worry about.