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Subject:  Re: Obamacare 'Rate Shock' in California Date:  5/31/2013  10:41 PM
Author:  intercst Number:  72336 of 88033

whyohwhyoh posts,

Estimates may be well below what was forecasted, but it is still going to be more than double the current price for 25-40 year olds.

Per Forbes, in California 40 year old was $121/month, new rate under Obamacare is $261/month.

For 25 year olds, price was $92/month, under Obamacare between $184-$205/month.

So for younger 25-40 year olds who are relatively healthy and purchase insurance on there own.. they will see a substantial increase.

So for relatively healthy younger early retirees, rates will increase by a large amount, unless your income drops low enough into the "low income" category. Then you get discounts off the published rates.


That Forbes column by Avik Roy has already be debunked. He uses a low-ball ehealthinsurance premium that only a small portion of 25-40 year olds qualify for and compares it to an Obamacare premium available to 100% of the 25-40 year old population. Apples vs. Oranges comparison.

I concede that if you have the health & fitness of an astronaut, you might get a better price under the current system.

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