Obamacare to gouge the young in Chicago and elsewhere; it only seems fair

Illinois is no exception, as the state's rates are first revealed.

That's because 60 percent of young voters voted for President Barack Obama in the last election.

Under penalty of a government fine, those presumably healthier younger people be required to buy insurance, and the price they'll pay will have to subsidize support the older, less-healthy population.

Everyone knew that would happen but now, as the Wall Street Journal reports,

U.S. officials for the first time disclosed insurance prices that will be offered through new federally run health-care exchanges starting Oct. 1.

The details:

Across the country, the average premium for a 27-year-old nonsmoker, regardless of gender, will start at $163 a month for the lowest-cost "bronze" plan; $203 for the "silver" plan, which provides more benefits than bronze; and $240 for the more-comprehensive "gold" plan.

But for some buyers, prices will rise from today's less-comprehensive policies. In Nashville, Tenn., a 27-year-old male nonsmoker could pay as little as $41 a month now for a bare-bones policy, but would pay $114 a month for the lowest-cost bronze option in the new federal health exchanges.

Likewise, the least-expensive bronze policy would rise to $195 a month in Philadelphia for that same 27-year-old, from $73 today. In Cheyenne, Wyo., the lowest-cost option would be $271 a month, up from $82 today.

In Chicago, the Journal reports, the cheapest policy  monthly premium for young people is $74. At health the health exchange, the monthly rate for the equivalent policy will be $125.

No wonder Illinois officials keep these rates under wraps until the last moment.

Leave a comment

  • ChicagoNow is full of win

    Welcome to ChicagoNow.

    Meet our bloggers,
    post comments, or
    pitch your blog idea.

  • Advertisement:
  • Fresh Chicago News

  • Subscribe to The Barbershop

    Enter your email address:

    Delivered by FeedBurner

  • Dennis Byrne’s Facebook Fan Page

  • Like me on Facebook

  • google-site-verification: googlefdc32e3d5108044f.html
  • Meet The Blogger

    Dennis Byrne

    Chicago Tribune contributing op-ed columnist and author of forthcoming historical novel, "Madness: The War of 1812." Reporter, editor and columnist for Chicago Sun-Times and Chicago Daily News. Freelance writer and editor.

  • Our National Debt

  • Twitter

  • Categories

  • Tags

  • Recent Comments

    • Hello, this is fastidious post I actually loved reading this. freakshow rda
      Read the story | Reply to this comment
    • Yes, 3 vetoes in 6 years!! He must be the President of No! LOL. Dennis, you are such a joke. ...
      Read the story | Reply to this comment
    • The Keystone XL pipeline is not about science. It's about making money by wreaking havoc on the environment. If you're interested ...
      Read the story | Reply to this comment
    • Tell me again why moving this Canadian oil through the Keystone XL pipeline is "good for America." From the ...
      Read the story | Reply to this comment
    • fb_avatar
      If you a parent and your child taking off from college or schools just to complete the assignments. You need ...
      Read the story | Reply to this comment
  • Monthly Archives

  • /Users/dennisby/Desktop/trailer.mp4
  • Latest on ChicagoNow

  • Advertisement: