That average brought immediate condemnation from critics of the Affordable Care Act, with U.S. House Speaker John Boehner, a southwest Ohio Republican, calling it “irrefutable evidence” that the law known as Obamacare is driving up costs and hurting the economy.
But the average 2014 premium of $332.58 a month for individuals, unveiled by Ohio Lt. Gov. Mary Taylor, masks the fact that for many individuals, premiums and out-of-pocket medical expenses will go down. ...
Ohio insurance regulators Thursday released rates for health insurance to be sold on the new state marketplace and said premiums for individuals will rise an average of 41 percent compared with 2013 rates.
That average brought immediate condemnation from critics of the Affordable Care Act, with U.S. House Speaker John Boehner, a southwest Ohio Republican, calling it “irrefutable evidence” that the law known as Obamacare is driving up costs and hurting the economy.
But the average 2014 premium of $332.58 a month for individuals, unveiled by Ohio Lt. Gov. Mary Taylor, masks the fact that for many individuals, premiums and out-of-pocket medical expenses will go down. http://www.cleveland.com/metro/index.ssf/2013/08/ohio_insurance_department_clai.html#incart_river
The fact is that most young people don't have a lot of out of pocket medical expenses, so their premiums will go up with little benefit, thus taking money out of the economy and giving it to ObamaCare.
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