Friday, May 31, 2013

Bad news inside the numbers

Liberals were crowing last week when California's Obamacare exchange announced its proposed rates for 2014.
See, it's not that bad.
We just needed some time to look inside the numbers. And at ehealthinsurance's current offerings.
So if you’re 40, your cheapest option is the bronze plan. In California, the median price of a bronze plan for a 40-year-old male non-smoker will be $261.
But on eHealthInsurance, the median cost of the five cheapest plans was $121. That is, Obamacare will increase individual-market premiums by an average of 116 percent.

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