Health Insurance Rates May Triple for Healthy Americans
Everyone can see this for themselves as their health insurance becomes more expensive and has huge deductibles.
Check it out:
According to a new Wall Street Journal analysis, healthy Americans may see their health insurance rates double or triple upon Obamacare’s January 2014 grand opening.
Insurance premiums for sicker Americans will become less expensive as healthier Americans are forced to buy coverage or additional coverage to what they currently have or face government fines and penalties.
The Journal examined figures from eight states to demonstrate the cost increases for healthier Americans.
Virginia is one of the eight states examined by the Journal and offers a fairly typical picture.
In Richmond, a 40-year-old male nonsmoker logging on to the eHealthInsurance comparison-shopping website today would see a plan that costs $63 a month from Anthem, a unit of WellPoint Inc. That plan has a $5,000 deductible and covers half of medical costs.