daveman
Diamond Member
$175 premium for a young, healthy student? Thanks, Obamacare!
American media outlets were finally able to track down a mythical creature a person who actually signed up for the Obamacare exchanges online.
But that person, Chad Henderson, admitted to the Washington Post that the premium for the plan he enrolled in was $175. Ouch! Wasnt Obamacare supposed to lower premiums?
Hendersons going to pay a $175 premium and he wont even receive vision or dental insurance. He has contacts, so not having vision insurance is kind of a bum deal.
Henderson, as far as we know a healthy, 21-year-old college student at Chattanooga State Community College who lives in Flintstone, Ga., and works part-time at a day-care center, did not qualify for tax credits to purchase insurance, according to the Post.
Without Obamacare, Henderson could have received health insurance for as little as $44.72 on eHealthInsurance.com, according to Michael F. Cannon of the Cato Institute.
I cant yet say whether Chads $175 premium is the lowest-cost plan available to him through the Obamacare Exchange, Cannon said. [Im in the process of researching that, and itll probably take a few hours.] But its probably close.
Thanks to Obamacares community-rating price controls that take effect in 2014, Hendersons cheapest plan option on eHealthInsurance jumped up to $190.23.
So it appears that Obamacare quadrupled Chads premiums, and Enroll America thinks this is a success story, Cannon said.
But that person, Chad Henderson, admitted to the Washington Post that the premium for the plan he enrolled in was $175. Ouch! Wasnt Obamacare supposed to lower premiums?
Hendersons going to pay a $175 premium and he wont even receive vision or dental insurance. He has contacts, so not having vision insurance is kind of a bum deal.
Henderson, as far as we know a healthy, 21-year-old college student at Chattanooga State Community College who lives in Flintstone, Ga., and works part-time at a day-care center, did not qualify for tax credits to purchase insurance, according to the Post.
Without Obamacare, Henderson could have received health insurance for as little as $44.72 on eHealthInsurance.com, according to Michael F. Cannon of the Cato Institute.
I cant yet say whether Chads $175 premium is the lowest-cost plan available to him through the Obamacare Exchange, Cannon said. [Im in the process of researching that, and itll probably take a few hours.] But its probably close.
Thanks to Obamacares community-rating price controls that take effect in 2014, Hendersons cheapest plan option on eHealthInsurance jumped up to $190.23.
So it appears that Obamacare quadrupled Chads premiums, and Enroll America thinks this is a success story, Cannon said.