Yesterday, Tracy Seipel of Mercury News reported about Obama supporters who were "floored" when they opened their health insurance bills to find that the cost of their policies had skyrocketed to "conform to all the requirements of the new healthcare law."
Seipel interviewed two citizens in California's Bay Area who are "big believers in the Affordable Care Act," but when they found that their premiums had risen substantially, they were shocked. One Obama supporter, Tom Waschura, a 52-year-old self-employed engineer, saw his insurance premium raise $10,000 per year for his family of four. He said,
"I really don't like the Republican tactics, but at least now I can understand why they are so pissed about this..."
Cindy Vinson, a retired teacher, "will pay $1,800 more a year for an individual policy." She said,
"I was laughing at [House speaker] Boehner -- until the mail came today."
Karen Garloch of the Charlotte Observer wrote yesterday,
"Across North Carolina, thousands of people have been shocked in recent weeks to find out their health insurance plans will be canceled at the end of the year – and premiums for comparable coverage could increase sharply."
Garloch reported that George Schwab, 62, of Charlotte, North Carolina, was informed that his coverage will increase from $228 a month to $1,208. He said,
“This creates a tremendous financial burden for our family."
The study also has an interactive map which highlights anticipated rate increases for young people by state. Vermont's young people will see the highest increase, at a whopping $332.69 for health insurance per month. Minnesota sees the lowest increase at $50.89 per month. No states reflect a decrease in health insurance premiums for young people under Obamacare.
"an analysis of premiums both before and after the implementation of Obamacare shows that 18- to 35-year-olds are likely to opt out of high rates in the exchanges in favor of cheaper penalties for not having insurance."
But unfortunately, the law only works "if young people show up," as stated by Bill Clinton. Of course, these premiums hurt those who are living paycheck to paycheck the most.