ObamaCare will increase average individual premiums for men by 99%, for women by 62%

In the 13 states plus D.C. (which I will abbreviate as 13+DC), a 27-year-old would have to make 59 percent of the median income of his peers, or less, to come out ahead with regard to Obamacare’s subsidies. A 40-year-old would have to make less than 57 percent of the median income for his peers. On the other hand, older people fare better; the average 64-year-old who makes less than 111 percent of the median income for 64-year-olds will spend less on premiums than he did before.

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However, the overall results make clear that most people will not receive enough in subsidies to counteract the degree to which Obamacare drives premiums upward. Remember that nearly two-thirds of the uninsured are under the age of 40. And that young and healthy people are essential to Obamacare; unless these individuals are willing to pay more for health insurance to subsidize everyone else, the exchanges will not serve the goal of providing coverage to the uninsured.

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