Grand Theft Nation: Red States, Younger Americans See Highest Rate Hikes from Obamacare.
October 18, 2013 - 10:33 am
Take a look at this chart of Obamacare-forced health insurance rate hikes, produced by the Heritage Foundation. Dark orange denotes the sharpest increases, while blue denotes decreases. Click to enlarge it.
The first thing that jumps out is how few blue lines there actually are. Obamacare was sold as a plan to make health insurance more affordable and more accessible. Only a handfull of Americans live in states where insurance rates will actually decline. In a few of those states, the declines are tiny. Only Colorado, New York and Rhode Island stand to see meaningful declines in health insurance rates.
Another striking feature is where the the sharpest increases will occur. A majority of them are red states.
Arizona, Arkansas, Georgia, Illinois, Kansas, Louisiana, Michigan, North Dakota, Texas, Vermont, Virginia
The states that will see the next sharpest rate increases are labeled in orange on the chart. Politically, a majority of them are red.
Alaska, Connecticut, Delaware, Florida, Idaho, Missouri, Nebraska, New Mexico, Oklahoma, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin
Virginia’s rate hikes are particularly onerous. Across the board in all age groups, Virginians can expect to see their rates jump by at least 178.7%. Virginians above age 50 will get walloped by a 256.5% increase. Many of them are retired and on fixed incomes.
The following states will see decreases.
Colorado, New Jersey, New York, Ohio, Rhode Island
For the most part, these states will see decreases because they have already adopted some version of health care regulations that include mandates similar to Obamacare. One blue state, California, has pushed heavy mandates and yet will see its rates rise from 3.4% to 23.6%, with older Californians seeing half the hike that younger Californians will suffer.