The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/whyohwhyoh-posts-estimates-may-be-well-below-what-30711924.aspx

Subject:  Re: Obamacare 'Rate Shock' in California Date:  5/31/2013  10:41 PM
Author:  intercst Number:  72336 of 78166

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 i