If you like your wallet, too bad. Some of Obama’s campaign donors have lifted it and are driving down K Street with it.
Americans buying health insurance outside the new Obamacare exchanges are being forced to swallow premiums up to 56 percent higher than before the health law took effect because insurers have jumped the cost to cover all the added features of the new Affordable Care Act.
In California, for example, some families are paying a high of $2,604 a month and in New York, $1,845.
Below is a cost summary provided by eHealthInsurance:
— Premiums have increased by 39 percent to 56 percent, compared to pre-Obamacare coverage. As of Feb. 24, the average premium for an individual health plan selected through eHealth without a subsidy was $274 per month, a 39 percent increase over the average individual premium for pre-Obamacare coverage.
And this is just the beginning. We’re still in the initial stages of this nightmare. ObamaCare will only get more expensive and dysfunctional as it goes on.