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by justinph 4646 days ago
This is scam "journalism" from Forbes, where you should expect no less.

They brush off the subsidies, which greatly reduce the cost of premiums for lower income people, and is a huge component of the law.

They also don't disclose what years of premium projections they're comparing. Presumably, pre- and post- ACA premiums are different years, because they would have to be. The cost of health care rises, and even without the ACA, you could run a headline that says 2014 premium rates are higher than 2012 premium rates.

Also, newer ACA plans are required to cover more things than pre-ACA plans. That costs more, but you get more for it.

1 comments

No they don't brush of the subsidies. Or at least they claim they don't.

Quote: "For most people, subsidies won’t counteract rate shock ...

If you click on the “Your Decision” tab on our interactive map, you will now find the results, as assembled by Yevgeniy, for the 13 states plus D.C. in our original database. Here’s the bottom line: most people with average incomes will pay more under Obamacare for individually-purchased insurance than they did before."