About those millennials who are giving up on the Democrats…
Average insurance premiums in the sought-after 23-year-old demographic rose most dramatically, with men in that age group seeing an average 78.2 percent price increase before factoring in government subsidies, and women having their premiums rise 44.9 percent, according to a report by HealthPocket scheduled for release Wednesday.
The study, which was shared Tuesday with The Washington Times, examined average health insurance premiums before the implementation of Obamacare in 2013 and then afterward in 2014. The research focused on people of three ages — 23, 30 and 63 — using data for nonsmoking men and women with no spouses or children.
This next bit is, if I’m choosing the right adjective, rich:
“It’s very eye-opening in terms of the transformation occurring within the individual health insurance market,” said Kev Coleman, head of research and data at HealthPocket, a nonpartisan, independently managed subsidiary of Health Insurance Innovations in Sunnyvale, California.
“I was surprised in general to see the differences in terms of the average premiums in the pre-reform and post-reform markets,” Mr. Coleman said. “It was a higher amount than I had anticipated.”
What part exactly of requiring wider benefits and most people will never use or not charging sick people more than healthy people was supposed to decrease costs for the young.
And how did so-called experts miss this teensy little fact?