April 21, 2014

The $1224 Question

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Image above via Breitbart.

I have long understood that insane health insurance premiums are one of the few things I have to look forward to after graduation. Thanks Obamacare. However, until this morning, I did not realize how much I will have to pay once I am out on my own (in about three months mind you). According to a recent article in Breitbart, young people can expect a 145-203% increase in health insurance premiums. I didn’t think I’d be eating so many Ramen noodles after graduation, but that looks to be my future.

The average young health insurance consumer will pay $1224 more for health insurance than they would had the “Affordable” Care Act never been passed. For $1224 you could buy the following items (each bullet is $1224 or less):

Kinda hurts, doesn’t it?

By the way, the minimum penalty per person for not buying health insurance is $695 in 2016. In 2014, it’s only $95/month. Interesting.

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The $1224 Question

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