Thursday, September 26, 2013

Avik Roy Is At It Again

The official numbers on Obamacare premiums are in and they are better than predicted:

As for premiums, before tax credits kick in, they will average 16 percent below the Congressional Budget Office's original estimates for a silver-level plan (which covers 70 percent of costs). The number of insurers in a state is directly tied to how low premiums will be, Lambrew noted. Arizona, with an average of 106 plans to choose from, had the second-lowest average premiums for a 27-year-old adult: $166 a month. Wyoming, with an average of 16 plans, had the highest average premium at $342 a month. 
But then the tax credits take effect. Those knock the premium for that 27-year-old, projected to earn $25,000, down to $145 in most states. For a family of four making $50,000, the credits take the premium price down from more than $1,000 in some states to $282.

Forbes's official mouthpiece for the Republican party propaganda on Obamacare, Avik Roy, has taken the Health and Human Services report on Obamacare premiums and turned it into this massive pack of cherry picked lies:

Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97 to 99 percent, and for younger women by an average of 55 to 62 percent. Worst off is North Carolina, which will see individual-market rates triple for women, and quadruple for men.

HOLY CRAP MY INSURANCE IS GOING TO DOUBLE no it's not, people.  Once again, Roy singles out a small slice of the population, in this case young men buying pre-Obamacare, catastrophic-only coverage that no longer meets criteria for minimum coverage standards, and says OH NO PREMIUMS WILL DOUBLE FOR ALL MEN.

It will not.  And the subsidies will make people who can't afford insurance have options.  Remember, Republicans did everything they could to ensure Red states didn't expand Medicaid coverage.  In these states, insurance premiums are higher than in Blue states that expanded Medicaid coverage.

You can blame Republicans for higher premiums.

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