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Commentary By e21 Staff

Obamacare Increases Premiums by 41 Percent

Economics Healthcare

Forty-one states, plus D.C., will experience premium hikes under Obamacare.

In the average state, Obamacare will increase underlying premiums by 41 percent. The steepest increases will be felt by those who are young,

healthy, and male. 

Premiums rise because people are forced to buy products they do not want (men have to buy plans with maternity care, singles have to buy plans with pediatric vision care).

Premium hikes will reduce people's buying power, and slow economic growth in some sectors.

Obamacare’s supporters argue the rate increases are not important since many will receive federal subsidies. But, subsidies are not free—taxpayers foot the bill.

See more detailed data on how your state will be affected here.