Wednesday, June 18, 2014

Private Health Exchange: Obamacare Hiked Health Care Costs For Young Adults

The Daily Caller reports:
Young adults still think health insurance is too expensive — especially after Obamacare hiked health care costs for most, according to a survey from top private health exchange eHealth.

The private, online health exchange has won more young adults over to its business than the federally- and state-run Obamacare exchanges.

But while eHealth has gotten a large chunk of those between the ages of 18 and 25 to sign up for coverage, young adults still overwhelming believe they can’t afford health coverage, and Obamacare is making things worse. Sixty-three percent of respondents said the health care law upped their premiums; 48 percent said it increased their annual deductible.

Among those who purchased eHealth plans, 62 percent believe their monthly insurance premiums are more expensive than they can comfortably afford. That’s with Obamacare subsidies, however — eHealth was one of few private carriers to win an exception from the Obama administration to offer the federal taxpayer premium credits on its coverage.

The great moments of socialized medicine.