At Forbes, Avik Roy writes:
[A] new study by two members of the American Academy of Actuaries finds that tens of millions of Americans will be exposed to increased insurance costs, even when one takes the value of Obamacare’s subsidies into account.
The new report, authored by Kurt Giesa and Chris Carlson, was published in the latest issue of Contingencies, the American Academy of Actuaries’ bimonthly magazine. (Actuaries are people who specialize in the design and structure of insurance plans.) Their analysis focuses on Obamacare’scommunity rating provision, the piece of the law that forces young people to pay dramatically more for health insurance in order to partially subsidize the cost of insurance for older Americans. …
“Our core finding is that young, single adults aged 21 to 29 and with incomes beginning at about 225 percent of the FPL, or roughly $25,000, can expect to see higher premiums than would be the case absent the ACA, even after accounting for the presence of the premium assistance.” Fully 80 percent of these twenty-somethings have income above $25,000.